Express News Service
NEW DELHI: South Korea want to be part of the Quad, mentioned South Korean Ambassador to India Chang Jae-bok on Tuesday.
“Korea is already an important partner for all Quad countries. It is entirely on the Quad members to consider including us,” mentioned the Ambassador.
South Korean President Yoon Suk Yeol made his first go to to India for the lately concluded G20 Summit and met Prime Minister Narendra Modi on the sidelines.
There are additionally plans to improve the prevailing Comprehensive Economic Partnership Agreement (CEPA).
“CEPA between India and Korea was signed in 2009 and became effective in 2010. Later, both nations realised that it should be upgraded. As a result, in 2016 negotiations began which were paused during the pandemic. As of now, 10 rounds of negotiations have been undertaken between the commerce ministries of the respective countries. The meeting between the two leaders is expected to give a push to these rounds of negotiations,” the envoy mentioned, including that the 2 international locations are strategic companions.
South Korea additionally hailed the New Delhi Leaders Declaration, saying that the inclusion of PM Modi’s assertion that ‘this isn’t an period of battle’ in para 14 was considered handiest to reach at a consensus.
“G20 Sherpa Amitabh Kant worked a great deal towards arriving at a consensus on Ukraine. Besides, there had to be a compromise in order to lead to a consensus – which happened leading to the declaration,” he added.
Meanwhile, there’s additionally a defence partnership between the 2 nations and know-how switch from Korea to India.
South Korea has additionally lengthen a $4 billion mortgage beneath the Economic Development Fund by its ministry of economic system for improvement of infrastructure in India. This is a low curiosity mortgage (lower than 1 per cent curiosity) and a few tasks just like the Mumbai-Nagpur clever visitors system have been put in beneath this.
South Korea can also be eager to attend the inauguration of the Ram Temple in Ayodhya for cultural causes.
“According to legend, a Korean Prince got married to a princess from Ayutha (we interpret this as Ayodhya) and hence this town has great significance for us. We would hope to be a part of the celebrations that lead to the inauguration of this temple,” the Ambassador added.
NEW DELHI: South Korea want to be part of the Quad, mentioned South Korean Ambassador to India Chang Jae-bok on Tuesday.
“Korea is already an important partner for all Quad countries. It is entirely on the Quad members to consider including us,” mentioned the Ambassador.
South Korean President Yoon Suk Yeol made his first go to to India for the lately concluded G20 Summit and met Prime Minister Narendra Modi on the sidelines.googletag.cmd.push(operate() googletag.show(‘div-gpt-ad-8052921-2’); );
There are additionally plans to improve the prevailing Comprehensive Economic Partnership Agreement (CEPA).
“CEPA between India and Korea was signed in 2009 and became effective in 2010. Later, both nations realised that it should be upgraded. As a result, in 2016 negotiations began which were paused during the pandemic. As of now, 10 rounds of negotiations have been undertaken between the commerce ministries of the respective countries. The meeting between the two leaders is expected to give a push to these rounds of negotiations,” the envoy mentioned, including that the 2 international locations are strategic companions.
South Korea additionally hailed the New Delhi Leaders Declaration, saying that the inclusion of PM Modi’s assertion that ‘this isn’t an period of battle’ in para 14 was considered handiest to reach at a consensus.
“G20 Sherpa Amitabh Kant worked a great deal towards arriving at a consensus on Ukraine. Besides, there had to be a compromise in order to lead to a consensus – which happened leading to the declaration,” he added.
Meanwhile, there’s additionally a defence partnership between the 2 nations and know-how switch from Korea to India.
South Korea has additionally lengthen a $4 billion mortgage beneath the Economic Development Fund by its ministry of economic system for improvement of infrastructure in India. This is a low curiosity mortgage (lower than 1 per cent curiosity) and a few tasks just like the Mumbai-Nagpur clever visitors system have been put in beneath this.
South Korea can also be eager to attend the inauguration of the Ram Temple in Ayodhya for cultural causes.
“According to legend, a Korean Prince got married to a princess from Ayutha (we interpret this as Ayodhya) and hence this town has great significance for us. We would hope to be a part of the celebrations that lead to the inauguration of this temple,” the Ambassador added.