Lee Myung-Bak

Korean president interested in the panamanian mining industry

Richard Fifer Web

The Korean President has an interest in encouraging trade, security and technology cooperation at the government level…

One of the main issues addressed in the Korean president’s agenda, Lee Myung-Bak on his visit to Panama at the end of June, was the exploitation of mineral resources. The Vice President of the Republic of Panama and Chancellor, Juan Carlos Varela said that Korean companies have shown interest in investing in several major mining projects in several provinces; also participating in projects for generation of energy.

Among other issues, the Korean President has an interest in encouraging trade, security and technology cooperation at the government level by negotiaty a treaty on double taxation and other free trade agreements.

Myung-bak met with the President of the Republic, Ricardo Martinelli in this meeting they shared their interests in strengthening the ties that bind both nations, which range from political, through the commercial and international cooperation between the two countries.

During his visit, President Bak, was part of the Summit of Heads of State and Government of member countries System Integration Central American (SICA) and the Republic of Korea, held June 28 to June 30, 2010. On Tuesday June 29 the second forum on economic cooperation between Korea and SICA, took place in the Marina Hotel Miramar Intercontinental.