Core Viewpoint - The South Korean President Lee Jae-myung announced plans to abolish unnecessary regulations targeting businesses, emphasizing a pragmatic and market-oriented government approach [1] Group 1 - The government aims to create a more business-friendly environment by removing excessive regulations [1] - This initiative is part of a broader strategy to stimulate economic growth and enhance competitiveness in the market [1] - The focus will be on practical measures that align with market needs rather than bureaucratic processes [1]