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Lee Urges Reform of Outdated Regulations Hampering Growth of Advanced Industries

Summary by The Korea Times
President Lee Jae Myung on Friday urged prompt and bold reform of outdated regulations that hamper the growth of new technologies or advanced industries, calling it an essential task in the country's drive for global industrial leadership. The president made the call at the second plenary meeting of the regulation rationalization committee, aimed at easing regulations to help nurture advanced industries and ensure balanced development, both of w…

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(Seoul = Yonhap News) Reporter Im Hyeong-seop = President Lee Jae-myung stated on the 23rd, "Outdated and inconvenient regulations must be improved swiftly and decisively," adding, "Administratively convenient and ..."

·Seoul, Korea (the Republic of)
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President Lee Jae-myung presided over the second meeting of the Regulatory Reform Committee and announced that he would personally resolve regulatory obstacles for mega-projects and super-regional special zones. Emphasizing the importance of regional development through decentralization and equitable distribution, moving away from past strategies of concentration in the capital area, he signaled that he would pursue regulatory rationalization in…

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President Lee Jae-myung stated on the 23rd, “Regulatory rationalization is an essential task for building an irreplaceable Republic of Korea.” At the 2nd Plenary Meeting of the Regulatory Rationalization Committee held at Che 청wadae on that day, President Lee said, “Regulations can operate in a positive way for our society, and they will operate in a negative way.

On the 23rd, President Lee Jae-myung stated, "We must swiftly and decisively remove outdated and inconvenient regulations that hinder the development of new technologies and industries."

On the 23rd, President Lee Jae-myung addressed the necessity of entrepreneurship, stating, “We need to boldly remove customary regulations that are merely for administrative convenience and are not strictly necessary.” Presiding over the second plenary meeting of the Regulatory Rationalization Committee at the Blue House State Guest House, President Lee made these remarks, noting, “In this era of national entrepreneurship, when one actually trie…

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매일신문 broke the news on Friday, October 23, 2026.
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