JEJU WEEKLY

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News BriefsOn Jeju, Bush urges trust in free market to recover
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승인 2009.08.25  21:30:37
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▲ Photo courtesy Jeju Provincial Govt.

Former U.S. President George W. Bush visited Jeju Island for an economic forum organized by the Federation of Korean Industries Aug. 1-2 on Jeju Island.

At the forum, Bush stressed the importance of ratifying the Korea-U.S. free trade agreement to strengthen ties between the countries and help tackle the economic downturn. He emphasized the role of the private sectors in stabilizing free trade in difficult times, warning against any government intervention.

The former U.S. President also urged the five nations (United States, South Korea, China, Japan and Russia) involved in nuclear disarmament talks with North Korea to send a clear message to Pyongyang to end its nuclear ambitions.

President Lee Myung-bak flew to Jeju Island to meet the former U.S. president. For the most part the two leaders exchanged pleasantries and discussed their personal interests. Bush lauded Lee's decision to donate his personal fortune to charity, which was Lee’s campaign pledge during the 2007 presidential election.
ⓒ Jeju Weekly 2009 (http://www.jejuweekly.com)
All materials on this site are protected under the Korean Copyright Law and may not be reproduced, distributed, transmitted, displayed, published without the prior consent of Jeju Weekly.
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