Foreign Minister Cho Hyun speaks during an interview with The Korea Times at Government Complex Seoul, June 5. The minister serves as a co-chair for the Jeju Forum for Peace and Prosperity, slated for this Wednesday to Friday on Jeju Island. Korea Times photo by Shim Hyun-chul

Someday, "Jeju" could carry the same global resonance as "Davos," but as a name synonymous with peace, cooperation and dialogue rather than economic power.

That is the ambition Foreign Minister Cho Hyun laid out for the 21st Jeju Forum for Peace and Prosperity, which will run this Wednesday to Friday on Korea's southern island.

“As Davos, a mountain city of the Alps, became a brand of the World Economic Forum itself, we hope the Jeju Forum for Peace and Prosperity will position itself as a platform to contribute to world peace, and therefore the name ‘Jeju’ becomes a symbol of peace, cooperation and dialogue in the international community,” Cho said during an interview with The Korea Times June 5.

Cho serves as the co-chair of the forum alongside Jeju Gov. Oh Young-hun. The ministry is participating in the event as a co-host starting this year, showing the government's commitment to elevating the status of the annual global event.