South Korean President Lee Myung-bak Monday called for closer international cooperation to develop space technology.

While addressing the opening ceremony of the 60th International Astronautical Congress (IAC) in the South Korean city of Daejeon, Lee stressed the importance of the space technology to the social and economic development.

Space technology is already being applied in various areas of people's daily lives, and is seen as the growth engine that will open the future of the mankind, Lee said.

The president said the space technology can not be developed by individual nations but requires closer cooperation of all countries in the world, just like other major problems currently facing the world such as hunger, poverty and climate change.

The international community must enhance collaboration and exchanges, and also share their individual research outcome, Lee said.

The president also pledged that his country will share its technologies in IT, nano and biology fields with other countries.

Nearly 3,000 officials, scientists and spectators from some 70 countries will take part in the annual conference of the IAC scheduled to be held from Monday to Friday.

Source: Xinhua News Agency

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