Ex-Hyundai chief sought closer business links with SovietsBy Pavel Stroilov | 14 July 2011 | 2 Related pieces
Chung Ju-yung [founder of the Hyundai group] is a very acceptable figure to the leaders of North Korea
Anatoly Chernyaev’s memo to Mikhail Gorbachev in 1990
Senior Soviet aides advised Mikhail Gorbachev in 1990 when he was Soviet president to develop closer business ties with South Korea.
Gorbachev’s foreign policy adviser, Anatoly Chernyaev, advised him to discuss how to do this with the founder and then head of the Hyundai group, the late Chung Ju-yung.
Gorbachev agreed to Chernyaev’s suggestion to arrange an urgent meeting with the South Korean billionaire businessman.