Seoul, Aug 3 (IANS) South Korea’s President Lee Jae Myung returned home on Monday from an 11-day overseas tour that included meetings with the heads of leading US tech firms and summits with the presidents of three South American nations.
The trip first took Lee to San Francisco, where he met with Nvidia Chief Executive Officer Jensen Huang and the heads of three other leading US tech companies to promote bilateral cooperation on artificial intelligence, reports Yonhap news agency.
During subsequent visits to Brazil, Chile and Argentina, Lee held summits with their presidents and agreed to strengthen bilateral cooperation in areas ranging from critical and strategic minerals to crude oil imports.
At his final stop in Frankfurt, he briefly met with members of the Korean community in Germany.
Back in Seoul, the president was scheduled to resume receiving policy briefings from government ministries and agencies, beginning with the trade, environment and labour ministries on Tuesday, followed by the foreign, defence and unification ministries the next day.
Additionally, the president was set to hold a special meeting with his aides later in the day to discuss recent issues related to the housing market and sharp fluctuations in the local stock market, according to the presidential office.
The closed-door meeting at Cheong Wa Dae will bring together Prime Minister Han Seong-sook, Finance Minister Koo Yun-cheol and other relevant ministers to discuss pressing issues in the real estate and stock markets.
The government has sought to revise the property tax system, tackle supply and demand issues in the housing market, and introduce measures related to single-stock leveraged exchange-traded funds, which have been blamed for heightened volatility in the stock market.
–IANS
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