Seoul: Finance Minister Choi Sang-mok will convene an emergency meeting with key economy-related officials Tuesday following the declaration of martial law. The meeting will include the heads of the Bank of Korea, the Financial Services Commission, and the Financial Supervisory Service, the finance ministry said, adding the meeting will be followed by a separate session with senior finance ministry officials. According to Yonhap News Agency, President Yoon Suk Yeol declared martial law in an unscheduled late-night address, accusing the opposition of "anti-state activities and plotting rebellion." The president's announcement has sparked immediate government action to address the potential economic and financial implications of the declaration. The emergency meeting led by Choi Sang-mok aims to assess the immediate impact on the financial markets and discuss strategies to maintain economic stability. The finance ministry emphasized the importance of swiftly coordinating with financial institutions to mitiga te any disruptions. The declaration of martial law has raised concerns about the country's political stability and its potential effects on both domestic and international economic relations. As the situation develops, the finance ministry and other economic bodies are expected to closely monitor market reactions and prepare contingency plans.