Seoul, After China, Prime Minister Narendra Modi pitched for ‘Make in India’ in Republic of South Korea (RoK) too. PM Modi today said that he and South Korean President Park Geun-hye saw vast opportunities for Korean companies to take part in his pet mission “Make in India”.
Modi also made an announcement about the establishment of a channel — Korea Plus — to facilitate the Korean companies’ investment and operations in India. “Many Korean brands are household names in India. President Park and I see vast opportunities for Korean companies to participate in our ‘Make in India’ Mission. I will meet Korea’s business leaders tomorrow. Korean companies have the edge to succeed in India,” Prime Minister Modi told media.
“I sought President Park’s support for participation of Korean companies in new areas. Besides defence equipment, I invited Korean investments inareas like ship building, including LNG tankers,” PM maintained.
He informed the media persons that he and the ROK president agreed to review the comprehensive economic partnership agreement and other market access related issues. “I conveyed our desire to see a balanced and broad-based growth in bilateral trade. We also had productive discussions on international issues,” he added.
India and South Korea have already signed seven bilateral pacts and also arrived at agreement to upgrade ties to “special strategic partnership”.
Modi also welcomed Korea’s diplomatic efforts to maintain peace and stability of the Korean Peninsula and offered India’s support to the Korean people for peaceful re-unification of Korean Peninsula. “I also shared her concerns that proliferation of nuclear and other weapons of mass destruction will not be in the interest of countries of the region. I offered India’s support to Korean people for peaceful re-unification of Korean Peninsula,” Prime Minister Modi said.(Source- www.newsroompost.com)