 Welcome to ITU Telecom World 2016 in Bangkok Thailand where I'm pleased to be joined in the studio today by Mr. Sang Hong Lee who is Senior Director of Multilateral Corporation for the Ministry of Science, ICTs and Future Planning for the Government of Korea. Mr. Lee, thank you very much for being with us today. Thank you for having me here. Now I'd like to start off by talking about something which is called the Creative Economy Initiative which has been launched by the Government of Korea. I wanted to find out what's the main vision of this and perhaps you could tell us a little bit about it. Yes, this Creative Economy Initiative is established four years ago and this is a national strategy. This is not run by only by some specific ministries, this is really a very broad and a national initiative and then this initiative aims to lay foundation or make as a very start-friendly ecosystem. And then we also aim to boost entrepreneurship and then the development of SMEs, yes. I was going to ask you SMEs, entrepreneurs here in the tech sector are very much the focus of attention. What is the Government of Korea doing to support these? Yes, for that so we have pushed forward with very relevant policies especially at the like to raise, show the policy related to Creative Economy and Innovation Center, we call it very shortly CEIs. And then these centers are established all across the country in 17 cities and provinces. So with these centers many and diverse government supports delivered to the startups and SMEs. So the SMEs and startups could get the consultation and the financial support and also some networking services with foreign business. So many startups and SMEs could get benefit from these centers. Now from your perspective, what is the role of collaboration in growing the digital economy? So in the digital economy here really the collaboration is a kind of a master precondition for further development. So between private sector and public sector, between big and small company, between companies and consumer, so the collaborations are very diverse and very unnecessary. So every players in the market or in the society should very seriously consider about how they actually enlarge the collaboration with their partners and sometimes even within their people. So that's the meaning of collaboration for me. Now the Republic of Korea will host ICU Telecom World 2017 next year. What can we expect in Busan? Oh yes, for people who don't know about Busan, if I briefly introduce, Busan is the second biggest city in Korea and then the biggest harbour city in Korea of course. It has a very beautiful sea and then also one of the most advanced city, especially in ICT field, the city in Korea. So there are so many things to enjoy and to see and to experience. So for that I think that's why ICU Telecom is going to be held in next year in Busan, yes. And from your side, what's the value for you of events such as ICU Telecom World? So ICU Telecom World is, if I'm right, it's the biggest and then the most important event which connects business to government, government to business. There are so big events such as CES or MWC but the Telecom, ICU Telecom is uniquely really the genuine event which is good for especially developing countries who want to develop, who want to benchmark, who want to connect with companies, industries and developed countries, yes. Well, Mr. Sangun Lee, thank you very much indeed for being with us and we look forward to catching up with you again in Busan. Okay, see you there. Thank you. Thank you. Thank you.