I personally was moved by their commitment. We're proud to be a part of this. We actually want to increase our involvement in the future. |
It may chill further direct investment from the Middle East, but I don't think it would go much further than that. |
South Korean wages have gotten too high to support a whole range of activities. The firms are keeping in South Korea the areas where they have a comparative advantage - the higher-tech, more capital-intensive businesses. |