India and South Korea pledge to strengthen their strategic partnership

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Prime Minister Narendra Modi with South Korean President Moon Jae-in after their joint press conference held at Hyderabad House in New Delhi on Tuesday. Photo: PTI "title =" Prime Minister Narendra Modi with South Korean President Moon Jae-in after their joint press conference held at Hyderabad House in New Delhi on Tuesday. Photo: PTI "clbad =" img-responsive "/><p> Prime Minister Narendra Modi with South Korean President Moon Jae-in after their joint press conference held in Hyderabad House, New Delhi Tuesday: PTI [19659002] New Delhi: </b> India and South Korea agreed on Tuesday to add content to their strategic links through intensified consultations and high-level interactions amid major geopolitical changes in Asia, Building on the Existing Building of Economic Linkages In a joint vision statement, the two countries reaffirmed their mutual intention to strengthen their "special strategic partnership" and signed a series of "Strategic Partnerships". agreements, including a package of measures on the Early Harvest, under which a breakthrough has been achieved Improving the India-Korea Comprehensive Economic Partnership Agreement (CEPA)</p><p> South Korean President Moon Jae -in a also set a sales target of 50 billion to be achieved & # 39; 2030 m the 20 billion currently. Korean investment in India has risen to nearly $ 7 billion since 2000. Moon has urged Korean companies to participate significantly in Indian infrastructure and manufacturing.</p><p> Moon makes her first visit to India since taking office in May and three years after Prime Minister Narendra Modi's visit to South Korea.</p><p> The visit takes place in the context of Seoul seeking to improve its ties with the North. Korea and the moon meet North Korean leader Kim Jong-un in April leading to a summit between Kim and US President Donald Trump last month</p><p> "The core of the relationship (between India and the South Korea) remains economic "The ambbadador of India to South Korea, Vishnu Prakash, added that both sides were working on the development of strategic aspect of bilateral relations, who remained "ambitious".</p><p> Modi and Moon spoke Tuesday of the complementarity between the two countries. Act East "and South Korea's" New South Policy. "The" Act East "policy aims to deepen India's links with the fast-growing economies of Southeast Asia and to strengthen economic and political ties with Southeast Asia and India, confidence in its two largest trading partners, China and the United States.</p><p> L & # 39; The joint vision statement underscored the fact that both countries had "agreed to explore further opportunities to coordinate their efforts in the areas of defense and strategy." In this context, Korea and the United States have India would strengthen their military exchanges. "We also agreed to encourage our defense industries to intensify their cooperation in this regard," the statement said.</p><p> "Recognizing the link between prosperity and security, we have reaffirmed the importance of freedom of navigation, overflight and legitimate trade without hindrance. We have supported initiatives for the peaceful resolution of conflicts through dialogue, underlying the centrality of sovereignty and territorial integrity, in accordance with the universally recognized principles of international law, "the statement said in a statement. ships and flights through the South China Sea, which he claims almost in its entirety, which puts him in conflict with some Southeast Asian countries</p><p> Both countries recognize " the importance of regular high-level exchanges to consolidate "</p><p> The two countries also agreed to" intensify contacts at the leadership level, including a biennial visit of the leaders of both countries ".</p><p> "We agreed to broaden the interaction by regularizing the existing dialogue mechanisms. by exploring other areas of mutual interest and cooperation, "the statement said.</p><p>" We have decided to work together for a long time and to boost bilateral cooperation in all areas of engagement so to contribute to regional and global peace and prosperity. In this context, we agreed to explore a tripartite partnership for development in third countries, starting with capacity building programs in Afghanistan, "said the ministry in its commentary. "During our talks, I told President Moon that the proliferation links between Northeast Asia and South Asia are a concern for India. Therefore, India is also a stakeholder in the peace process and we will do our part to ensure peace, "Modi said in a reference to India's concerns about Korea. North Supporting Pakistan's Missile Program</p><div clbad= First published: Tue, 10 Jul 2018. 05 36 PM IST
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