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Vice FM Urges Foreign Investment in S. Korea

News2008-05-08
Vice FM Urges Foreign Investment in S. Korea

Vice Minister of Strategy and Finance Choi Joong-kyung says now is the time to invest in South Korea, citing the launch of a new government and decreasing geopolitical risks involving North Korea.

The vice minister made the remarks Thursday at a meeting in Seoul, stressing that the new government seeks to create a business-friendly environment and that diplomatic efforts are under way to resume the six-party nuclear talks.

Choi added that Seoul will continue efforts to privatize public firms, expand investment in research and development and improve labor-management relations.

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