What's new

Sri Lanka to adopt South Korea's Growth Model

Lankan Ranger

ELITE MEMBER
Aug 9, 2009
12,550
0
7,961
Sri Lanka to adopt South Korea's Growth Model

Sri Lanka is interested in adopting South Korea’s growth model to revive its economy, its foreign minister said.

The country with 20 million people is also looking for a quick and balanced recovery using Korea’s proven technologies in construction, power generation and communications, Sri Lankan Minister for External Affairs Gamini Lakshman Peiris said, asking for aggressive investment by Korean firms.

“There are many things we can learn from Korea’s growth experience,” said Minister Peiris in an interview with The Korea Times in Seoul. “We would like to emulate the ‘Saemaul Undong’ movement because it was about uplifting a rural economy.”

Saemaul Undong was a pan-national modernization campaign initiated by the late former Korean President Park Chung-hee in the 1970s. It dramatically improved the living conditions of people in Korea’s rural areas. Many African countries, including Ethiopia, Tanzania, Rwanda and Cameroon, look to adopt the indigenous modernization campaign.

“South Korea has seen a tremendous development with it. We would like to emulate it for rural prosperity,” said Peiris.

He also cited the “combination of a hard-working spirit, self-confidence and unwavering efforts to reach the targeted goal of action” as the recipe for Korean’s rise from the ashes of the 1950-53 Korean War.

Arriving in Seoul Wednesday for a three-day stay, the Sri Lankan minister met with Prime Minister Kim Hwang-sik, Foreign Minister Kim Sung-hwan and other ranking officials, discussing a wide range of bi-lateral issues, including business cooperation.

One of the key purposes of his third visit here was to seek the Korean government’s support to establish facilities teaching Korean to Sri Lankan people.

“The Korean government showed interest in helping,” the minister said after having a meeting with his Korean counterpart Kim Sung-hwan. With the support, Sri Lanka plans to establish a school of Korean studies in the University of Colombo, a prestigious Sri Lankan university.

The Korean foreign Minister also promised to increase the number of volunteer workers teaching Korean in his country and to establish the King Sejong Institute to promote Korean culture there.

He discussed with Korean aviation officials a proposal to create a direct flight route linking the two countries in an effort to boost the tourism industry. Currently, South Korean travelers visiting Sri Lanka must go via Singapore or Bangkok.

Sri Lanka to emulate Korea's growth model for recovery
 
and it was Pakistan who made model for South Korea in 1960s i guess was reading one day and wikipedia.
 
and it was Pakistan who made model for South Korea in 1960s i guess was reading one day and wikipedia.

Very much doubt it, plus in the article, SL is asking for heavy investments by the Koreans.

But Korean did it, by using they own companies, which is popular world wide.
 
and it was Pakistan who made model for South Korea in 1960s i guess was reading one day and wikipedia.

Come off it! You guys were the role model for Koreans? For real? First of all, Koreans adopted the US style of manufacture and technological oriented industries that would enable it to export en masse hi-tech electronics and automobiles---basically every form of US economy except the military industry exports. Now they started doing that as well. South Korea's modern transformation is because it became a mini-USA of Asia like Japan did, though Japanese were always advanced and industrialized since 18th century.
 
the growth of south korea is quiet remarkable and inspiring , their investements in india have also increased over the past few years , the lankans would surely gain a lot from having strategic relations with south korea ..
 
Come off it! You guys were the role model for Koreans? For real? First of all, Koreans adopted the US style of manufacture and technological oriented industries that would enable it to export en masse hi-tech electronics and automobiles---basically every form of US economy except the military industry exports. Now they started doing that as well. South Korea's modern transformation is because it became a mini-USA of Asia like Japan did, though Japanese were always advanced and industrialized since 18th century.

Actually I heard about it in many forums that a Korean team visited Pakistan to study Pakistani model of development as Pakistan during the 1960s was slotted to become the next Japan(?).

I think, Japan and Korea was able to progress at breakneck speed as they don't have to worry about their national defense which eats away a good chunk of the GDP of any nation.
 
I think, Japan and Korea was able to progress at breakneck speed as they don't have to worry about their national defense which eats away a good chunk of the GDP of any nation.

Are we forgetting about a heavily militarised North Korea up there?
 
Are we forgetting about a heavily militarised North Korea up there?

Sure they are a threat but US is the unofficial guarnteer of South Korean Sovereignty..So no worries.

---------- Post added at 10:49 PM ---------- Previous post was at 10:49 PM ----------

Are we forgetting about a heavily militarised North Korea up there?

Sure they are a threat but US is the unofficial guarnteer of South Korean Sovereignty..So no worries.
 
I have to say it takes courage for any politicians to say they want to adopt Park Chung-hee's policy, seeing President Park was a military dictator eventually killed around diner table by his own spy chief. Stuff of bad omen.
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Pakistan Defence Latest Posts

Back
Top Bottom