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Hailing South Korean President Moon Jae-in for his role in talks with North Korea, Prime Minister Narendra Modi said that India is also a stakeholder and beneficiary of the peace process in Korea .
Talks took place on Tuesday during President Moon's four-day state visit to India, where the two sides signed 11 memoranda of understanding and agreements
Proliferation Fears
"Proliferation links between Northeast Asia and Southeast Asia are worrying India," said Modi, in a veiled reference to China and Pakistan, who helped build the Pyongyang nuclear program. an actor in the peace process. We will do our part to ensure peace, "Modi added.
Informing Modi of talks between him and North Korean leader Kim Jong-Un and talks on denuclearization with the United States, Mr. Moon reportedly said: "There will be" bumps and bruises "along the way, but he was" confident of the result, "said South Korea's ambbadador to South Korea, Vikram Doraiswami. , to reporters after the meeting.
Boosting trade
Chief According to officials of the bilateral program, improving trade relations and investment, including bilateral trade, fell between 2014 and 2016 to more than double its current level of 20 to 50 billion dollars by 2030. India is worried about its trade deficit South Korea which stood at $ 12 billion last year, while business men cor ens complained about the problems of "ease of doing business".
In addition to agreements on improving their economic partnership India and South Korea have signed a joint declaration on strategic links in the region.
"RoK and India will strengthen military exchanges, training and sharing of experiences, as well as research and development, including innovative technologies for mutual benefit.We also agreed to Encourage our defense industries to step up their cooperation in this regard, "said the statement, in a statement on Korean defense manufacturers' incentives for" Make in India, "including Hanhwa Techwin, in partnership with Larsen and Toubro will produce K-9 Vajra artillery cannons for the Indian Army in a factory near Pune.
The Bilateral Vision Document is also committed to building a "peaceful, stable, secure, free, open, inclusive and rule-based region". incorporating President Moon's motto of "3Ps: People, Prosperity and Peace"
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