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S. Korea to host OECD forum in 2012

SEOUL, Nov. 30 – South Korea will host a global forum created by the Organization for Economic Cooperation and Development (OECD) in 2012 that will seek ways to foster economic growth and social welfare through science and innovation policies, the government said Wednesday.

The OECD Forum on Knowledge Economy will be held in September 2012, to be attended by some 300 participants from OECD member countries and partners outside the OECD membership, according to the Ministry of Knowledge Economy.

"The 2012 forum to be held in the country will focus on industrial development of Asian countries, including China and South Korea, that are showing steady growth despite a global economic crisis while also discussing ways to ensure improvement of people's quality of life and global economic development," it said in a press release.

The first meeting of this global forum was held in Paris in September this year. "Hosting of the forum will serve as a good opportunity for South Korea to lead the shift in the global economic paradigm and to improve its status in the international community," the ministry said. (PNA/Xinhua) FFC/utb

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