DIPLOMACY

VOLUME XXXV NO. 2

From the Chairman

Exclusive Interview

ROK-U.S. Relations

ROK-Japan Relations

Domestic Policy

Camera DIPLOMACY

Global Forum

"The World Needs to Find Common Ground on Economic Measures and Implementation"

President Lee Myung-bak called on the international community to strengthen coordination on fiscal spending as part of efforts to find quick and more effective solutions to the economic recession. He plans to propose a "global deal" at the Group of 20 (G-20) Summit planned for April in London to stop the downward spiral of the global economy and tackle surging unemployment rates.
In his address to the international forum, "Korea in Reshaping World Global Korea 2009," to mark the Lee Myung-bak administration's first anniversary in office, on Feb. 23, 20...

The Gist of Pres. Lee MB's Speech at the Global Korea 2009:

Right now, the world is under the influence of an unprecedented economic crisis. With the global financial crisis having negative impacts on the real economy, economic growth in both the developed and developing countries is heading downward.
Various contingency measures are being taken by every country. However, a lack of confidence in the global financial market and uneasiness still remain. On top of this, the global consensus on the principles and directions that have so far guided the management of the global economy is now being shaken.
Particularly worrisome is the fact that the...