South Korea Promises Investment in Mexico
- Share via
<i> Reuters</i>
MEXICO CITY — South Korean President Roh Tae Woo on Friday wound up a two-day visit to Mexico during which his delegation pledged to invest more than $900 million in the country.
A Mexican Foreign Trade Ministry spokesman said South Korea agreed to set up 16 businesses in Mexico devoted to assembly of electronic goods and auto parts and textile manufacture.
Roh, making his first state visit to Latin America, met with President Carlos Salinas de Gortari and signed various technical-assistance treaties.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
