The 48-year-old actor was formally appointed as the 'Goodwill Ambassador' for South Korea for the coming year at a glittering ceremony here today.
Shah Rukh said he was humbled to receive such an honour and promised to do his best in promoting goodwill between the two countries.
"I feel very proud and humbled. I know you had many choices but I am so glad you chose me for this honour. I am happy that I was considered good enough to be named the Goodwill ambassador.
"I would also love to dance to the tunes of 'Gangnam Style' with Psy. I think he has learnt that dance step from Bollywood. I thank the government of South Korea on behalf of me, my family and my country," he added.
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The Korean government initiated the public diplomacy agenda 'The Goodwill Ambassador' in 2012.
Shah Rukh is the eighth foreign celebrity to have been given this honour.