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Los Angeles and BBCN agree on economic cooperation

September 11, 2014
Los Angeles Mayor Eric Garcetti, left, signs an MOU at a trade symposium at city hall Wednesday, joined by Korean Consul General Kim Hyun-myung, center, and BBCN Bank President and CEO Kevin Kim.

Los Angeles Mayor Eric Garcetti, left, signs an MOU at a trade symposium at city hall Wednesday, joined by Korean Consul General Kim Hyun-myung, center, and BBCN Bank President and CEO Kevin Kim. (Park Sang-hyuk/The Korea Times)

The Office of Los Angeles Mayor Eric Garcetti and BBCN Bank hosted a trade symposium Wednesday at city hall.

At the event, titled “Los Angeles-South Korea: Globalizing Trade Between Leading Economies,” Garcetti and Kevin Kim, BBCN Bank president and CEO, signed a Memorandum of Understanding (MOU) to cooperate economically to increase opportunities and development between Los Angeles and South Korea.

About 100 attended the seminar, which also held a panel discussion and presentations on trade and banking.