Finance minister Nirmala Sitharaman on Thursday highlighted greater opportunities in India for investment in manufacturing, food processing and marine resources in a bilateral meeting with her South Korean counterpart. The minister met Choo Kyung-ho, Deputy PM & Minister of Economy and Finance, South Korea, on the sidelines of 56th ADB Annual Meeting here, and also invited Korea Investment Corporation (KIC) and other investors to take forward investment in India's infrastructure sector. During the meeting, Sitharaman also highlighted India's enabling policy framework for e-vehicles and green hydrogen sectors for further attracting investment in India with the engagement of the Korean government. "FM Smt. @nsitharaman emphasised on greater opportunities in India for #investments in #manufacturing, #RenewableEnergy, #infrastructure, #pharmaceuticals, #FoodProcessing, including #marine resources, among other sectors," a finance ministry tweet said. Sitharaman further informed her ...
South Korea plans on strengthening cooperation with India as Seoul attempts to align with a US-led push to diversify the global supply chain away from China
External Affairs Minister S Jaishankar, his South Korean counterpart Park Jin on Friday held discussions on taking forward India-South Korea Special Strategic Partnership
In an exclusive interview with ANI, Park Jin said India is an essential partner in South Korea's strategy for a peaceful, and prosperous Indo-Pacific region
Prime Minister Modi congratulated Yoon on his victory in the recent presidential elections of South Korea, the Prime Minister's Office said in a statement
Yoon, a former top prosecutor, has been elected South Korea's president to replace outgoing Moon Jae-in
India and South Korea set a bilateral trade target of $50 billion before 2030, as South Korea's Trade Minister Yeo Han-Koo held talks with India's Piyush Goyal in New Delhi on Tuesday
India flagged market access issues being faced by domestic players from several sectors such as steel, engineering, and agri products in Korea
India's Commerce and Industry Minister Piyush Goyal and South Korea's Trade Minister Han-koo Yeo will hold a meeting on Tuesday to discuss bilateral trade-related issues.
Exports did not witness a massive jump, despite a free trade agreement between both nations
India and the Republic of Korea on Friday agreed to strengthen strategic cooperation including in dealing with challenges of terrorism, extremism and radicalisation.
The decisions were taken during delegation-level talks between Defence Minister Rajnath Singh and his South Korean counterpart Suh Wook
Chief of Army Staff General MM Naravane has proceeded on a three-day visit to the Republic of Korea from December 28 to 30, said the Indian Army on Monday
India and South Korea on Thursday exchanged views on global developments and contemporary issues of mutual interest in the field of disarmament and non-proliferation. The India-Republic of Korea Consultations on Disarmament and Non-Proliferation were held virtually, with the Indian delegation led by Indra Mani Pandey, Additional Secretary (Disarmament and International Security Affairs), Ministry of External Affairs, and the South Korean delegation headed by Il Park, Director-General, Non-Proliferation and Nuclear Affairs, Ministry of Foreign Affairs. "During the consultations, the two sides exchanged views on global developments and contemporary issues of mutual interest in the field of disarmament and non-proliferation," the MEA said in a statement. Both the sides agreed to take forward their fruitful discussions and to hold the next round of consultations on a mutually convenient date, it said.
The Koreans are keen to get into the Indian high-speed railway market, Indian Ambassador to South Korea Vikram Doraiswami said
On Tuesday, Prime Minister Narendra Modi will pitch for greater FDI from the nation at the India-Korea business summit
Strap : The issue of gold influx to be dealt with throughthe framework of the agreementIndia has decided to 'upgrade' its existing trade pact with South Korea despite fears of domestic industry over Indian exports getting pushed more into a corner.This follows Commerce and Industry Minister Suresh Prabhu's visit to Seoul earlier this week to to review the Comprehensive Economic Partnership Agreement (CEPA) signed with Korea back in 2009. Both countries have decided to aim for finalizing the CEPA upgrading negotiations at the earliest, within 2018 to the extent possible.The issue of gold imports from Korea will also be discussed between both governments within the larger framework of the CEPA, a senior official said under conditions of anonymity. The Director General of Foreign Trade (DGFT) last month notified the withdrawal of the zero-duty import facility for gold, silver, and their coins and articles. The facility was being misused for importing duty-free gold from Korea since ...
Korea to hold contest to identify startups interested in establishing in each other's nation
PM Modi and President Park also discussed cooperation in areas such as counter-terrorism and maritime security
On Friday, Nirmala Sitharaman had said that both the countries should do everything to further strengthen the CEPA