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World Economic Forum meets in Seoul

SEOUL, June 13 (UPI) -- The World Economic Forum opened a two-day meeting Sunday for Asian leaders in Seoul for the first time in its history.

The Korea Times reported the Asia Strategic Insight Roundtable is a gathering of about 150 foremost leaders, allowing them to share strategies for sustainable growth in Asia.

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Some issues to be addressed include: how IT and finance help Asia become the world's business hub; northeast Asia as the world's new growth engine; peace on the Korean Peninsula: how business initiatives foster reconciliation; Asia's new regional identity; and trade in the post-Cancun world.

Key participants include: Ichiro Fujisaki, deputy minister for Japanese foreign affairs; Morris Strong, formal U.S. special envoy to North Korea; Mervyn Davies, chief executive of the Standard Chartered Bank U.K.; and Martin Sorrell, chief executive of the WPP Group, one of the world's largest communications groups.

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