A call for restructuring

South Korean President Kim Dae Jung (3rd from L) speaks at a meeting on Dec. 7 with leaders from the country's top five business conglomerates -- Hyundai, Samsung, Daewoo, LG and SK, as well as major economic policy makers and heads of creditor banks at the Blue House presidential office in Seoul. The leaders agreed to implement restructuring programs, including the swap of Samsung's auto unit and Daewoo's electronics unit, to overcome the economic crisis.

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ILEA001078010

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1998/12/07 00:00:00

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Kyodo / Kyodo News Images

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1998 Kyodo News

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