Moon to meet business leaders to discuss Japan's economic retaliation

President Moon Jae-in is planning to meet with the heads of South Korea's major conglomerates next week, Cheong Wa Dae said Friday, to discuss ways to revitalize the economy.

Moon is “considering a related schedule but no decision has been made yet,” a presidential office official said.

The President is weighing the option to invite dozens of business leaders to Cheong Wa Dae around Wednesday.

On Jan. 15, he had a meeting with about 130 business figures at the presidential office.

This time, however, he is reportedly considering a smaller event involving the leaders of the nation's 30 largest conglomerates.

Some of the businesses have been hit hard by Japan's technology material export controls, which came in an apparent response to a diplomatic spat over the countries' historical disputes. (Yonhap)