Seoul/New Delhi, Dec 28 (IANS) Exterior Affairs Minister Sushma Swaraj Sunday met South Korean Minister of Commerce, Business and Power Yoon Sang-jick and sought support for India’s flagship “Make in India” programme.
Sushma Swaraj reached Seoul Sunday to participate in the eighth India-Republic of Korea Joint Fee assembly, which is scheduled for Monday.
Official sources stated in New Delhi that in her assembly with the South Korean minister, Sushma Swaraj talked concerning the want for a “degree enjoying subject” for Indian prescription drugs and software program exports.
The 2 ministers additionally mentioned prospects of addressing the commerce deficit which is in favour of South Korea.
The sources stated that among the many particular points mentioned was the potential of South Korean co-manufacturing of LNG (liquefied pure fuel) tankers with Indian shipyards.
The Indian authorities is contemplating each outright buy in addition to co-manufacturing of LNG tankers, given the projected progress in Indian want for LNG.
The sources stated Sushma Swaraj made a robust pitch for South Korean partnership in this very important space of projected progress in Indian necessities.
The Korean commerce minister stated his nation views India as a pretty vacation spot and it was for personal corporations to take enterprise selections.
He stated South Korea was encouraging its corporations to avail of the alternatives which have opened up in India following the brand new initiatives of the Nationwide Democratic Alliance authorities.
He stated there have been excessive expectations in South Korea to reinforce financial ties with India in mild of the current developments.
The 2 ministers agreed that commerce ministers of each nations might meet in the primary quarter of 2015 to construct on the momentum in the bilateral relations.
Sushma Swaraj is scheduled to satisfy President Park Guen-hye Monday.
The sources stated Sushma Swaraj’s Dec 28-30 go to to South Korea was in pursuance of presidency’s “Act East” coverage National News – Yahoo India News
'make India programme seeks Seoul's support Sushma 2014-12-28
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