South Korean President Lee Myung-bak must be desperate for Australian investment by the way he is pandering to the climate change crowd in Australia:

South Korean President Lee Myung-bak and his wife deboard their plane in Australia.

SOUTH Korean President Lee Myung-Bak wants Australian businesses to invest in his country and also wants to see an increase in bilateral trade.

President Lee has also urged Australia’s green industries to share ideas on how to tackle climate change, saying his country aspires to be an environmental leader in Asia.

He began a four-day trip to Australia with a speech to an Australia Korea Green Business Forum in Sydney.

Trade and investment will top the agenda during his visit.

The economies of Australia and South Korea are roughly the same size, and their strengths are complementary.

Australia is strong in resources and services and Korea is strong in manufacturing and technology.

President Lee thanked Macquarie Group for its investment in his nation, using it as an example for other companies.

“I would like to ask the other Australian investors to invest in me, but more importantly in the future of Korea,” he said through an interpreter.

“Korean industries are very much interested in becoming more closer with their Australian counterparts and its consumers.

“And both of our peoples want to enjoy what the other has to offer in terms of services, goods and good ideas.”

Korean investment in Australia rose 400 per cent in the past year, while Australian investment in South Korea has increased 40 per cent, the Lowy Institute has reported.

The president renewed his vow that South Korea will be an “early mover” on climate change. “I hope that both countries will be able to cooperate in this area as well,” he said.

“Furthermore, Korea has decided to work with Australia to go into developing countries in the Asia Pacific region to help others cope better in dealing with climate change.  [News.com]

Notice that Lee Myung-bak specified “climate change” because the term “global warming” is no longer envogue since the world has refused to warm the past decade.  If you use the global warming religionists logic, if the rate of cooling continues at this rate for 20 years the globe will be 14C cooler by 2027.

By the wa,y with yet another bitterly cold winter hitting the US, you just knew that the global warming clergy would be launching one of their protests on the very day a blizzard hits Washington, DC.