One of the most important reasons for North Korea continuing its nuclear ambitions is to consolidate the power to stay within the Kim Jong Il family.
For us, from Korea's perspective, China is the number one investment destination as well as number one trading partner.
I've noticed that in the U.S., when the president hits the three-year mark in office, he goes into re-election campaigning.
The endgame is peaceful reunification of the Korean peninsula.
Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened.
Fiscal crises often turn into financial crises, dealing a blow to the real economy.
