Lee, Rudd agree to form joint exit plans for world economy

By Byun Duk-kun
SINGAPORE, Nov. 14 (Yonhap) -- South Korean President Lee Myung-bak and
Australian Prime Minister Kevin Rudd agreed Saturday to work together to draw up
joint exit strategies for the world economy to be implemented when the right time
comes.
The agreement came at a bilateral summit held here shortly before the start of
the annual Asia-Pacific Economic Cooperation summit.
"The leaders of the two countries agreed the Pittsburgh session of the G-20
economic summit was a successful meeting that helped establish detailed plans for
sustainable and balanced growth and solving problems facing the world economy,"
Seoul's presidential office Cheong Wa Dae said in a press release.
"The two leaders agreed to continue working closely together to promote and
implement the outcome of the Pittsburgh meeting of the G-20," Cheong Wa Dae said.
"Especially, (they) agreed to work together to promote international cooperation
in developing a joint framework and exit strategies that will take into
consideration conditions facing each country should the world economy recover
next year," it added.
South Korea assumes chairmanship of the G-20 summit, the premier forum for
international economic cooperation, and hosts a meeting of the group in Seoul in
November next year.
bdk@yna.co.kr
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