PMO issues statement on Modi's foreign visit
BS ReporterPrime Minister Narendra Modi said on Wednesday his visit to China will enhance bilateral economic ties, even as he stated the importance of his visit to Mongolia and Korea. “I eagerly await productive discussions with President Xi Jinping and Premier Li Keqiang. I am confident my visit will lay the foundation for further enhancing economic co-operation with China in a wide range of sectors,” Modi stated in a press release, which was also written in Chinese, Mongolian and Korean, reflecting the countries the PM is visiting. Modi is visiting China from May 14 to 16. In China, the PM will be visiting Xi'an, Beijing and Shanghai. On May 17, Modi will visit Mongolia to commemorate 60th year of diplomatic relations and the silver jubilee of Mongolia’s democracy. During his last leg of the visit, Modi will be visiting South Korea.
"South Korea is a very important pillar of our Act East Policy. We are committed to maximising engagement with the Asia Pacific Region. Trade & Investment relations are at the core of our bilateral engagement. Korea was 1st OECD country with which India signed a CEPA," the release stated.
He also said the India will seek to attract more Korean investments in infrastructure, manufacturing, ship building, energy, defence production.