SEOUL, Nov. 7 (Yonhap) -- Google executive chairman Eric Schmidt agreed Monday to set up a Korean pop music-only YouTube channel when he met with South Korean President Lee Myung-bak, the presidential office said.

Schmidt arrived in Seoul earlier in the day for a series of meetings with local telecommunications and electronics firms, including KT and SK Telecom, as well as the chief of the communications and broadcasting watchdog Korea Communications Commission.