South Korea seeks talks on global economy

Published: Oct. 3, 2008 at 8:01 AM
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File photo of South Korean President Lee Myung Bak dated April 19, 2008. (UPI Photo/Dennis Brack/Pool)
File photo of South Korean President Lee Myung Bak dated April 19, 2008. (UPI Photo/Dennis Brack/Pool) | Enlarge Enlarge
SEOUL, Oct. 3 (UPI) -- South Korean President Lee Myung-bak proposed Friday that his country, China and Japan discuss policy coordination to counter turmoil in world markets.

Lee suggested the finance ministers conduct a tripartite meeting as the U.S. financial crisis created a rippling effect globally, Yonhap New Agency reported.

Lee also said he wanted to coordinate a meeting of financial ministers from South Korea and Russia quickly, the South Korean news agency reported.

Lee and Russian President Dmitry Medvedev agreed to conduct a bilateral meeting on financial matters when Lee was in Moscow Monday.


© 2008 United Press International, Inc. All Rights Reserved.



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