Thursday, September 20, 2018
News

India, South Korea sign 11 agreements

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Tuesday, 2018 4:15:05 PM IST
India and South Korea signed 11 agreements, including in the areas of trade, cultural and scientific and technological cooperation, during the visit of South Korean President Moon Jae-in to India.

The two sides signed a joint statement on Early Harvest Package of the upgraded Comprehensive Economic Partnership Agreement (CEPA), the External Affairs Ministry said on Tuesday.

The Early Harvest facilitate ongoing negotiations on upgrading the India-South Korea CEPA, that came into operation in 2010, by identifying key areas for trade liberalisation.

A memorandum of understanding (MoU) was signed that is aimed at anti-dumping, subsidy, countervailing and safeguard measures through consultations and exchange of information through establishment of a cooperation committee comprising government officials and domain experts.

Another MoU was signed for the formation of a Future Strategy Group for cooperation in development of cutting edge technologies for commercialization to reap benefits of the 4th Industrial revolution.

Thrust areas include Internet of Things (IOT), Artificial Intelligence (AI), Big Data, Smart Factory, 3D printing, electric vehicles, advance materials and affordable healthcare for the elderly and disabled.

A cultural exchange programme for the period 2018-2022 was signed to deepen cultural and people-to-people relations by providing for institutionalised cooperation in fields of music and dance, theatre, art exhibitions, archives, anthropology, mass media programmes and museum exhibits.

An MoU was signed on similar lines to to facilitate upgrade and expansion of the existing monument in Ayodhya commemorating Princess Suriratna (Queen Hur Hwang-ok), a legendary princess of Ayodhya, who went to Korea in 48 A.D. and married King Kim-Suro.

A large number of Koreans trace their ancestry to this legendary princess and new monument will be a tribute to the shared cultural heritage between the two countries.

Other MoUs signed include cooperation in the areas of scientific and technological research, railway research, biotechnology and bio-economics, ICT and telecommunications, and micro, small and medium enterprises.

--IANS ab/vm

( 320 Words)

2018-07-10-15:56:06 (IANS)

Loading...
 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
TRENDING TOPICS
 
 
 
CITY NEWS
MORE CITIES
 
MORE SCIENCE NEWS
Globalisation a prehistoric practice?...
Alibaba developing quantum chips to powe...
Australian students use robotics to desi...
I underwent untold misery, suffering: Na...
NASA's newest planet hunter telescope sh...
Do you know eyes have natural version fo...
More...
 
INDIA WORLD ASIA
Man who washed feet of Godda MP & drank ...
Mehbooba asks NIA to put facts about it...
Gujarat Assembly hikes MLAs' salaries by...
ED attaches assets worth Rs 37 cr in lan...
Haryana govt transfers 41 HPS officers...
Madhya Pradesh HC orders removal of PM M...
More...    
 
 Top Stories
Shambhulal Regar, who lynched man o... 
India offers NKN programme to Afgha... 
MoU signed for establishing Mahatma... 
Pakistan PM Imran Khan reaches UAE... 
N Korea's denuclearisation to be co... 
High gluten diet in pregnancy incre... 
Korean leaders undertake joint excu... 
Haryana govt transfers 41 HPS offic...