South Korea’s Ministry of Knowledge Economy boasts about “upgrading” the economy “for the 21st century”. This century’s requirements are in fact much the same as those of the last: South Korea’s gadget-producing facilities may be the envy of the world, but the resource-poor nation still needs to heat and light them. Hence the smart move for Canada’s Harvest Energy Trust by the state-owned oil company, Korea National Oil Corp, confirmed by the Ministry on Thursday.
LEX

