(LEAD) Lee set to hold summit with German chancellor on economic cooperation
SEOUL, Oct. 29 (Yonhap) -- President Lee Jae Myung was set Thursday to hold a su...
President Lee Jae Myung is scheduled to meet with German Chancellor Friedrich Merz in Seoul on Thursday, marking their first summit since Merz assumed office. This will be the first visit by a German chancellor to South Korea in three years. The summit at Cheong Wa Dae will be followed by a joint press statement and an official dinner, according to the presidential office.
During the talks, Lee and Merz are expected to discuss expanding economic cooperation in various industries, including batteries, semiconductors, artificial intelligence, defense and arms, as well as regional and international issues. The visit aims to strengthen bilateral ties in a more strategic and forward-looking manner. Around 60 business leaders from South Korea and Germany, such as Hyundai Motor Group Executive Chair Euisun Chung, POSCO Group Chairman Chang In-hwa, and Siemens CEO Roland Busch, have been invited to the dinner to further bolster economic ties between the two countries.
Merz will also participate in the 19th Asia-Pacific Conference of German Business during his two-day visit. The leaders last met in June at the Group of Seven (G7) summit in France, with this Thursday's summit being their third meeting since Merz took office.
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