South Korean Finance Minister Lee Hyung-il, speaking at a meeting on the impact of the U.S. midterm elections, said South Korea will keep a close watch on global financial market conditions and take necessary measures to prevent excessive stock market reactions relative to economic fundamentals. Concerns are mounting that the outcome of the U.S. midterm elections could lead to tighter regulation of artificial intelligence (AI), raising the possibility of risk spillover in global stock markets. The United States is expected to maintain key policies aimed at strengthening domestic industries and supply chains after the elections, but Seoul will also respond to any shifts in the policy environment. South Korea will ensure the stable implementation of the existing South Korea-U.S. trade agreement and strengthen communication with the U.S. government, Congress, and state governments.