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South Korea seeks better ties in summit with Central American leaders

Friday, June 25, 2010

Korea plans to strengthen relations with Central American countries by sharing its economic growth experience and offering financial assistance.

President Lee Myung-bak will meet with the leaders of the Central American Integration System (SICA) next week in Panama. "Lee will propose a package of deals to develop industrial infrastructure in the region," a presidential aide said.

Korea's exports to the region stood at $5.3 billion last year, only
1.45 percent of its total exports. As of the end of 2009, some 100,000 people are employed by 280 Korean firms operating in the region.

Original source: Korea Times