Prime Minister Han: "Presidential US Visit Further Boosts Execution of Three Major Mega-Projects... Korea to Become a Key Nation in the AI Ecosystem"

33rd Cabinet Meeting

Prime Minister Hansung-sook stated on July 28, "Through President Lee Jaemyung's visit to the United States, we have further solidified partnerships with big tech companies and venture capital firms, thereby significantly expanding the scale and execution capacity of the three major mega-projects." She added, "Korea will establish an artificial intelligence (AI) cooperation network with countries around the world and rise as a key nation with an irreplaceable supply chain in the global AI ecosystem."

Prime Minister Han Seong-sook is speaking at the Cabinet meeting held on July 28, 2026, at the Government Seoul Office in Jongno-gu, Seoul. Photo by Jo Yong-jun

Prime Minister Han, presiding over the 33rd Cabinet meeting on behalf of President Lee—who is currently abroad—at the Government Seoul Office on the morning of July 28, stated, "We also achieved tangible results, such as promoting cooperation in the semiconductor sector with a scale of USD 950 billion and agreeing to work together on investments for AI data centers with a total capacity of 5 gigawatts (GW)." She urged, "Relevant ministries, such as the Ministry of Foreign Affairs and the Ministry of Industry, must do their utmost to ensure that the results of this trip are quickly translated into changes that can be felt by the public and businesses."

Regarding the domestic economic situation, Prime Minister Han diagnosed, "Uncertainties persist in the Middle East, and both the new tariff measures by the United States and the deterioration of youth employment reflect the ongoing internal and external challenges." She reiterated, "Even with the President on an overseas trip, he has been attentive to public livelihood issues—including the oil price cap and fuel tax cuts. The Cabinet must remain vigilant at all times and do its utmost to stabilize livelihoods and achieve economic growth."

Meanwhile, with a heatwave forecast following the end of the monsoon season, Prime Minister Han emphasized, "This week is a critical juncture," and added, "With abnormal climate events becoming the norm and the severity of heatwaves escalating, the government must respond with heightened awareness." She also called on related ministries to "conduct thorough inspections—perhaps even to an excessive degree—of places vulnerable to heat, such as semi-basement neighborhoods, workplaces, and construction sites, and ensure that necessary support is provided immediately on site."

This content was produced with the assistance of AI translation services.