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Indo Korea Trade AndCommerce Relation.
Indo Korea Trade AndCommerce Relation.
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2
Beginning Of India And Korea Relation.
Relation In the Ancient Time.
Relation In The Modern Time.
INTRODUCTION
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3Table of Contents
1. India Korea Position In The World In Economic Point of View.
. Bilateral Relation Between Korea And India .
!. "om#rehensi$e Econom% Partnershi# Agreement & "EPA' .
(. E)#ort And Im#ort *rom Korea To India And India To Korea.
+. Korea B,siness Vent,res In India.
-. To,rism.
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India and Korea ranks 3rd and 4thlargest Economy
respectively in Asia After china and Japan.
India Korea Position In The
World In Economic Point of
View.
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5 Bilateral Relation Between Korea
And India .In 1991 India adopted liberaliation for economic
policy reform.
According to “!ook East "olicy” India is spreading
its economic ties #ith east Asian co$ntry #hile
Korea is to looking for a co$ntry besides itstraditional b$siness partner china and Japan to
invest to s$stain its economy.
Korea%s economy is e&port driven co$ntry.
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"om#rehensi$e Econom% Par
tnershi# Agreement & "EPA'
Korea and India signed the comprehensive economic partnership agreement i
n Seoul on 7th August 2009 with effectfrom 1st Jan 2010. he !"#A is Korea$s1st free trade agreement.
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E)#ort And Im#ort *rom Kore
a To India And India To Korea. E)#ort And Im#ort *rom Korea To India And India To Korea
.
Korea’s main export to India are automobile parts teleco
mmunication equipment, hot rolled iron products, and petroleum refined products, base lubricating oil, mechanical appliances, electrical machinery &parts and iron & steelproducts..
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Korea B,siness Vent,res In I
ndia. he worlds %th largest steel ma&ers '#(S!('has ac)uired
most of the land for phase I after environmental clearance in Januar* 201% in (rissa. posco has completed constru
ction of its first steel mill in +aharashtra with a total investment of ,2%0 million.
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conclusion
south Korea can also benefit from scienceand technology cooperation with India. With the new Modi
government, there is no
w a greater expectation and enthsiasm !or str
onger ties "etween the
two
contries,
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Prime Minister #arendra Modi of
India, with President$%ar& 'en(
h)e of South Korea!"#$%
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