Investment Sessions in Full Swing
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Guests push the button signaling the start of the APEC Investment Opportunities 2005 sessions in an auditorium at Busan Metropolitan City Hall, Wednesday.
APEC Investment Opportunities 2005 went into full swing Wednesday at the Busan Metropolitan City Hall with the opening ceremony of the APEC investment mart’s main event, the national investor relations (IR) sessions of 17 APEC member economies.
“The national IR sessions will be a good opportunity to compare and learn about the investment climate and foreign investment policies of individual APEC member economies,” said Prime Minister Lee Hae-chan in his congratulatory speech at the APEC investment mart.
“Liberal borderless investment and trade is one of the prerequisites for peace and co-prosperity of the global community. In this respect, APEC Investment Opportunities will serve as an opportunity to intra-regional investment transaction in the Asia- Pacific region,” Lee said.
Organization for Economic Cooperation and Development (OECD) Secretary General Donald Johnston also commented that businessfriendly government policies will be critical in attracting foreign direct investment (FDI).
“Build the right investment climate and they (the foreign investors) will come,” Johnston said.
Korea’s IR session was followed by the IR presentations and consultations of five other APEC member economies: Japan, Taiwan, Mexico, Thailand and Brunei Darussalam.
Some 800 scholars, entrepreneurs, governmental officials, international investment negotiators and arbitrators from 21 APEC members attended the opening ceremony of the APEC investment mart.
The source of news : The Korea Times, 11-16-2005 21:34
