India, South Korea to discuss ways for improving bilateral trade

Team India Sentinels Sunday 8th of July 2018 12:31 PM

MoS external affairs Gen VK Singh (Retd) received S Korean President in New Delhi

Aiming to discuss ways for improving the economic cooperation and bilateral trade between New Delhi and Seoul, South Korean President Moon Jae-in arrived in India on Sunday for a state visit. “Indispensable partner in our ‘Act East’ strategy! On his first State visit to India, President of the Republic of Korea, Moon Jae-in was warmly received by MoS @Gen_VKSingh,” ministry of external affairs spokesperson Raveesh Kumar said in a tweet. His trip to India marks the first of its kind since he took office in May 2017. “India is fast becoming a major power with the fastest growing economy in Asia. It is also a key nation for cooperation under the New Southern Policy that our government is actively pursuing,” Cheong Wa Dae spokesman Kim Eui-kyeom said earlier. Moon and Prime Minister Narendra Modi will hold a bilateral summit on Tuesday, marking the second of its kind as both the leaders first met on the sidelines of the Group of 20 summit held in Germany last year. “We expect the trip to be an important opportunity to strengthen friendship and trust between the leaders and to create a basis for the development of our country‘s complementary and mutually beneficial cooperation with India and Singapore to establish future-oriented and strategic relations with the countries,” Nam Gwan-pyo, a senior director of the presidential National Security Office, said. During his four-day stay, the South Korean president is scheduled to visit the new production facility of Samsung Electronics, currently the largest smartphone supplier in India, according to the presidential office Cheong Wa Dae. He will also hold a meeting with President Ram Nath Kovind and attend a joint business forum. He will leave India on Wednesday to head for Singapore, where he will stay for a three-day state visit.


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