SEOUL, June 13 (Reuters) - South Korean President Lee
Jae-myung said on Friday that his government would focus on
easing regulations and helping companies on trade issues.
His comments were made at a meeting with heads of top
conglomerates and other business leaders. He sat between
Samsung Electronics ( SSNLF ) Chairman Jay Y. Lee and Hyundai
Motor Group Executive Chair Euisun Chung.
SK Group Chairman Chey Tae-won also attended the meeting,
according to the president's office.
The future of South Korea's export-oriented economy may
hinge on what kind of tariff deal Lee can strike with U.S.
President Donald Trump, with all of his country's key sectors
from chips to autos and shipbuilding heavily exposed to global
trade.
"Companies are currently having difficulties in
international competition, and we will focus on minimising the
difficulties they are experiencing in international competition
and expanding their economic territory," Lee said at the
meeting.
"Please tell us what we should do regarding overseas trade
situations, and we will do our best to align with those," he
told the executives.
Lee, a liberal, was elected on June 3 with promises to
become business-friendly.
(Reporting by Ju-min Park; Editing by Himani Sarkar and
Muralikumar Anantharaman)