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Apr 03,2009
South Korea's leader pleased with G20
by UPI

LONDON -- South Korea's president is leaving the Group of 20 summit with U.S. support for "stern action" against North Korea's planned rocket launch, observers say.

A major item on South Korean President Lee Myung-bak's agenda for the meeting was to secure support for a joint call on North Korea to scrap its rocket-launch plans, South Korea's Yonhap news agency reported Friday.

Lee and U.S. President Barack Obama agreed to seek U.N.-imposed sanctions against North Korea if Pyongyang goes ahead with its planned launch.

Yonhap says Lee's greatest accomplishment at the summit came when the summit participants agreed to a set of measures to fight trade and financial protectionism.

A statement issued by the participants said they wouldn't "repeat the historic mistakes of protectionism of previous eras."

Lee is a strong advocate of open markets since nearly 70 percent of his country's economy depends on trade with other nations.

Copyright © 2009, by United Press International. All Rights Reserved.

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