Myanmar President urges ASEAN, S. Korean businesspeople to cooperate for more growth

 President U Thein Sein cordially greets South Korea’s President  Park Geun-hye at 25th ASEAN-Republic of Korea Commemorative  Summit.
President U Thein Sein cordially greets South Korea’s President Park Geun-hye at 25th ASEAN-Republic of Korea Commemorative Summit.

President U Thein Sein addressed the ASEAN-South Korea CEO Summit at BEXCO Exhibition Centre in Busan on Thursday.
The president said that the meeting’s theme of “Innovation and
Dynamism: A New Takeoff in ASEAN-ROK Relations” is well matched with the theme “Building Trust, Bringing Happiness” of the 25th ASEAN-South Korea commemorative summit.He expressed his delight at seeing trade between the two sides grow from US$131 billion in 2012 to US$135 billion in 2013, noting that the Association of Southeast Asian Nations is a second largest trade partner to South Korea.
President U Thein Sein urged Southeast Asian business leaders to boost linkages with South Korean industrialists for further economic growth, stressing that the two sides need to forge greater technological cooperation.
ASEAN, if considered as a single economy, ranks as the seventh largest in the world in terms of its 10 members’ combined GDP, which has hit $2.5 trillion. The Myanmar president saw an upward growth trend, with the likelihood of the bloc securing fourth place by 2050.
He attached importance to the development of small and medium enterprises to ensure regional economic growth.
South Korea’s President Park Geun-hye also delivered an address at the summit, reports said.

Share this post
Hot News
Hot News