President Lee Jae Myung returns after five-day France state visit

  • President Lee Jae Myung returned to South Korea after concluding his France state visit.
  • 500 million euros will fund France-South Korea video-industry investment over five years.
  • President Lee faces nominee controversies and a pending Hormuz Strait dispatch decision.

President Lee Jae Myung returned to South Korea on the afternoon of the 10th after completing a three-night, five-day state visit to France. He met President Emmanuel Macron to discuss cooperation in advanced sectors including defense industry and nuclear energy, and co-chaired the Lumiere Summit, where South Korea and France agreed to invest 500 million euros, approximately 800 billion Korean won, in the video industry over five years. Back at Cheong Wa Dae, Lee is expected to receive briefings on major domestic and international issues. Controversy over the qualifications of Minister of Gender Equality and Family nominee Yong Hye-in and Minister of Justice nominee Kim Seung-won remains intense, while the government also faces a decision on dispatching forces to the Hormuz Strait. Cheong Wa Dae says nominees must undergo confirmation hearings and is monitoring public sentiment; opposition within the ruling party on the Hormuz issue is likely to encourage a cautious near-term approach.

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President Lee Jae Myung returns after five-day France state visit - CoinPost Terminal