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The Future of Asia 2012

Seoul Must Expand 'Economic Sphere': S Korean Official

Friday, May 25, 2012

TOKYO (Nikkei)--Kwak Seung-jun, chairman of the Presidential Council for Future and Vision of South Korea, said on Friday that the system LSI and content industries have been key to the country's track record of sustainable economic growth.

"Free trade agreements provide an effective way to widen our economic sphere," Kwak said at The Nikkei's annual Future of Asia conference, adding that South Korea's future will depend on economic expansion.

Titles of speakers, names of companies, etc., were correct as of the time when the forum was held.