Trade

This economic wave may be too high for South Korea to crest, a country whose economy is 90 percent exports. To make things worse, the wind blows unfavorably for the cargo ships that carry Made in Korea products to the rest of the world. The surge of the waves and the whip of the winds seem to undermine the Land of the Morning Calm. And the prediction that South Korea may see a record deficit in trade in 2009 amid a global recession is the cloud that casts a dark shadow over the country 13th in trade volume.

A: Asan has been showing rapid pace since its population surpassed 200,000 in November 2004. As of the end of June, 2007, Asan's population was around 220,000.

Based on the most cutting-edge industry such as autos, semiconductors, and LCDs, Asan is emerging as a hub of the Korean economy by accomplishing 118% of Korea's trade figures of US$16 billion with US$19 billion in 2006.

Since his inauguration, Governor Chung Woo-taik has continued to stir up his officials into a business mind, putting emphasis on deregulation, strengthening a variety of incentives for investment, and laying a foundation of infrastructure for business activities. As a result of his incessant efforts, Chungbuk province has succeeded in inducing 41 large domestic companies along with an investment amount of 11.88 trillion Korean won (US$12.8 billion).

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A. There are two meanings of the IAC 2009 Daejeon, which regards itself as a scientific city and intends to lead the global era.

We, at Gangwon Province, have the vision to make the province a place in which all the residents can live well by achieving sustainable growth. In order to accomplish the provincial government's goal of making Gangwon Province economically advanced with a top quality of life, the province formulated a general plan for the development of the industrial economy on September 25 last year.