To preserve and expand Korea’s position as the 12th largest economy, the Roh Administration is pushing for reforms to strengthen the role of markets. By ensuring transparency, consistent application of laws, and a level playing field for all businesses, President Roh hopes to maintain economic vitality.

The U.S. and Korea are interdependent economic partners. The U.S. is Korea’s biggest trading partner and investment source. And Korea is the seventh largest trading partner and sixth largest export market of the U.S.

In the years ahead, the Roh Administration seeks to take a leading role in the global economy. The new President plans to make Korea the economic hub of North East Asia—an area responsible for one-fifth of global production.

Taking this dynamic alliance to the next level, President Roh is confident that his summit with President Bush will confirm their strong ties and forge a mutually beneficial partnership for the future.