President Lee Jae Myung will host a New Year's meeting Friday with leaders from politics, the judiciary and government, as well as the business and labor sectors, Cheong Wa Dae said. The meeting will be attended by five key figures from the three branches of government: Prime Minister Kim Min-seok, National Assembly Speaker Woo Won-shik, Supreme Court Chief Justice Cho Hee-dae, Constitutional Court Chief Kim Sang-hwan and National Election Commission Chair Roh Tae-ak. Leaders of the ruling Democratic Party and Cabinet ministers, as well as representatives from major business groups, labor organizations and cultural circles, are also scheduled to take part. The main opposition People Power Party, however, has decided not to attend, according to party officials, amid political tensions over the judiciary reform bills and pending issues. Ahead of the meeting, Lee is scheduled to hold a ceremony with senior aides and presidential staff to mark the start of 2026, the first such event since the presidential office moved back to Cheong Wa Dae last month.