South Korea

The South Korean economy could grow by up to 6 percent in 2010, global credit appraiser Standard & Poor’s said, according to the Chosun Ilbo. Growth will be driven by the country’s brisk exports and revival of domestic demand, the firm explained during a seminar that tackled the global economy and South Korea’s credit rating.

In the international scene, South Korea and Bolivia signed a deal to jointly develop the South American country’s rich lithium deposits. The agreement proposes the creation of a joint research group that will study Bolivia’s mineral deposits and construction of a pilot lithium processing plant, the Korea Times report.