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‘-읍시다/ㅂ시다’ is used formally to express a proposition, suggestion, or an order to a group of at least two speakers in which the speaker is included. This is equivalent to saying “Let’s ~” in English. ‘-지 맙시다’ means “Let’s not ~”.

● 갑시다! (Let’s go!)
● 담배를 피우지 맙시다. (Let’s not smoke.)