(JUNE 30, 2026) THE 28TH CABINET MEETING

(June 30, 2026) 28th Cabinet Meeting and 13th Emergency Economic Review Meeting 📌12:46 President Lee Jae Myung Enters 📌14:11 Opening Remarks by President Lee Jae Myung *[Emergency Government Response to the Middle East Conflict]* 📌32:04 Ministry of Economy and Finance – Macroeconomic & Inflation Response Team 📌35:10 Ministry of Trade, Industry and Energy – Energy Supply Response Team 📌45:12 Financial Services Commission – Financial Stability Response Team 📌49:43 Ministry of Health and Welfare – Livelihood & Welfare Response Team 📌58:36 Ministry of Foreign Affairs – Overseas Situation Management Team *[Ministerial Reports]* 📌1:01:25 Korea Fair Trade Commission – Institutional Reform to Strengthen the Bargaining Power of Weaker Parties (Part 1) 📌1:15:42 Ministry of SMEs and Startups – Institutional Reform to Strengthen the Bargaining Power of Weaker Parties (Part 2) 📌1:22:35 Ministry of the Interior and Safety – Comprehensive Plan for Social Solidarity Economy Development *[The 9th-Term Local Governments Begin Their Terms Tomorrow (July 1)]* ✔ *Excessive concentration in the Seoul metropolitan area and land shortages are causing serious side effects* ▪️Regional areas are declining due to population loss, while the capital region faces severe overcrowding ▪️A multi-regional strategy for advanced strategic industries tailored to local strengths is needed ▪️Emphasized that balanced national development is essential for the future of Korea ✔ *The Three Mega Projects for Korea's Great Leap Forward, announced yesterday (June 29), are key to opening an era of shared growth* ▪️Expressed appreciation to business leaders for making bold investment decisions ▪️Pledged strong government support for companies investing in Korea ▪️Called for proactive and comprehensive support to remove obstacles to investment ✔ *Regional disparities between Yeongnam and Honam are real, and the changing environment can help reduce imbalances* ▪️Although Honam has faced exclusion and discrimination, it can turn these challenges into new opportunities ▪️The region has advantages in water resources, electricity, and land management ▪️Large-scale semiconductor investments were made in Honam because water resources and power supply are critical factors ✔ *Despite challenges surrounding the Middle East conflict, Korea has weathered the crisis without major disruption* ▪️Government efforts helped minimize the impact and prevent severe hardship ▪️Most Korean vessels have safely exited the Strait of Hormuz, and appreciation was expressed to the Ministry of Oceans and Fisheries, the Ministry of Foreign Affairs, the National Intelligence Service, and other relevant agencies ▪️Emphasized the need for both immediate responses and long-term crisis management ✔ *Revitalizing consumer spending is the foundation for creating sustainable growth* ▪️Private consumption showed signs of recovery in the first quarter, but further momentum is needed ▪️Called for greater use of local currency programs to revitalize neighborhood businesses ▪️Requested a review of measures to convert unused reward points into local currency #StateCouncilMeeting #PresidentLeeJaeMyung #OpeningRemarks 🔹Date: June 30, 2026 (Tue) 10:00 🔹Venue: Main Building, Cheong Wa Dae