Seoul, Feb 11 || South Korean President Lee Jae Myung will host a luncheon with the leaders of the ruling Democratic Party (DP) and the main opposition People Power Party (PPP) later this week to discuss ways to seek bipartisan cooperation on the economy and other pending issues, Cheong Wa Dae said.
Lee is scheduled to meet DP leader Jung Chung-rae and PPP leader Jang Dong-hyeok at Cheong Wa Dae on Thursday to have discussions on a wide range of state affairs, Kang Hoon-sik, the presidential chief of staff, told reporters, News Agency reported.
"The luncheon was arranged to discuss ways to improve people's livelihoods and ensure stable governance," Kang said. "They are expected to exchange candid views on a broad range of state affairs without limiting the agenda."
Possible agenda items include ongoing trade negotiations with the United States, as Seoul is under pressure to pass a special investment bill tied to a bilateral trade agreement with Washington after US President Donald Trump threatened last month to raise reciprocal tariffs and auto, lumber and pharmaceutical duties on South Korea back to 25 per cent from 15 per cent.