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SM Goh visits South Korea
Wed, Feb 20, 2008
The Straits Times

SENIOR Minister Goh Chok Tong will be in South Korea on a working visit from Wednesday to Saturday.

He will deliver a special keynote speech at the 2nd Asian Leadership Conference organised by the Chosun Ilbo in Seoul.

During his visit, SM Goh will meet South Korean President-elect Lee Myung Bak and other prominent politicians, including former President Kim Young Sam and former Prime Minister Goh Kun.

He will also have a networking dinner with several well-known Korean businessmen.

SM Goh, accompanied by senior officials, will also visit the Gaesong Industrial Complex in North Korea.

This is the first visit by a senior Singapore leader to the complex, said a statement from the Prime Minister's Office on Wednesday.

Gaesong complex lies 60 km northeast of Seoul and is hailed as the crowning achievement of the historic 2000 inter-Korean summit. It has played a key role in expanding two-way economic exchange between the two Koreas - that stood at just US$300 million (S$426 million) in 1999 to US$1.35 billion in 2006.

In addition to the 32 companies working out of the new high-rise building, there are about 30 other South Korean firms making goods ranging from watches, clothes, shoes and kitchen utensils at the Gaesong complex. These companies hired a total of 13,000 North Korean workers as of last year.

 

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