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Sunday, December 28, 2014

In South Korea, Sushma Swaraj calls for co-production of LNG tankers - The Indian Express


External Affairs Minister Sushma Swaraj Sunday met South Korean Minister of Trade, Industry and Energy Yoon Sang-jick and sought support for India’s flagship “Make in India” programme.


Swaraj reached Seoul Sunday to take part in the 8th India-Republic of Korea Joint Commission meeting, which is scheduled for Monday.


Official sources said that during her meeting with the South Korean minister, Swaraj talked about the need for a “level playing field” for Indian pharmaceuticals and software exports.


Sources said that among the specific issues discussed was the possibility of South Korean co-production of LNG (liquefied natural gas) tankers with Indian shipyards.


The Indian government is considering both outright purchase as well as co-production of LNG tankers, given the projected growth in Indian need for LNG. Sources said Swaraj made a strong pitch for South Korean partnership in this area. The two ministers also discussed possibilities of addressing the trade deficit which is in favour of South Korea.



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