South Korea-Turkey CEO meeting held in Istanbul

Speaking at the South Korea-Turkey CEO meeting in Istanbul over the weekend, Korea Importers' Association (KOIMA) Chairman Ju-Tae Lee said that a great many giant Korean firms have been watching for an opportunity to invest in Turkey. "Turkey is located in the crossroads of Europe, Africa and Middle East. This situation already shows why giant companies such as Hyundai and Samsung have chosen Turkey to invest in. Our association has been making plans and exerting efforts so that Turkish products are further involved in the Korean market," said Lee, adding that a great many companies which are members to the association were willing to import Turkish products, which is important to ensure that commercial imbalance is removed for producers. The CEO meeting was also attended by Economy Minister Zafer Caglayan and South Korean President Lee Myung-bak.