Guidelines for calculation of total foreign investment in indian companies
India, Korea discuss ways to add greater content to ties
1. India, Korea discuss ways to add greater content to ties
India and South Korea today discussed ways to add greater content to their
engagement, particularly in strategic and security spheres, as National Security Adviser
Shivshankar Menon met President Park Guen-hye in Seoul.
Menon, on the first official bilateral visit by an Indian NSA to South Korea, handed over
a letter from Prime Minister Manmohan Singh to Park inviting her to India at an early
date.
Noting that there was "enormous goodwill" in India for the Republic of Korea, Singh said
in the letter that her visit would open up new opportunities of greater cooperation in
political, economic, security.
Park accepted the invitation and dates will be worked out through diplomatic channels,
said a statement issued by the Indian Embassy in Seoul after the meeting Menon had
with the Korean President.
Indian Ambassador to Korea Vishnu Prakash and Joint Secretary (East Asia) in the
External Affairs Ministry Gautam Bambawale accompanied Menon at the meeting.
During the meetings Menon had with Park as also South Korean NSA Kim Jang-soo
and Defence Minister Kim Kwan-jin, the two sides expressed happiness at the rapid
expansion of bilateral relations in economic, political, cultural, educational and other
areas, given growing convergence of interests and outlook.
2. The two sides exchanged views on adding greater content to engagement especially in
the political, strategic and security sectors, the statement said.
They also compared notes on a variety of bilateral, regional and international issues of
mutual interest, it said.
Korean companies have big presence in India, particularly in the electronic sector.
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