The Keynote speech of the president Lee Myung Bak at the High Level Forum On Aid Effectiveness, Busan

The president Lee Myung Bak promised that South Korea would become the true partner with the developing countries for the global development, sharing its experiences of success and failure. He said that the history of the development of South Korea since the Korean War, is the vivid experience for hardworking Koreans who tried to achieve better lives to come out of poverty. He also said that despite the poverty, South Korea has successfully developed education and, achieved industrialization and democratization with the help of foreign aids. And now, it is time to move forward along with the world. The president Lee Myung Bak said that the global economic crisis in 2008 could be overcome by policy cooperation of developed and developing countries, and emphasized that the developing countries are not the objects for aid but the important partners to achieve the sustained growth and the balanced development of the global economy.