South Asia policy after Modi’s China visit
Prime Minister Narendra Modi’s recent visit to China has whipped up expectations not only in India, but possibly across South Asia. There is need for India to recalibrate its ‘South …
Read MoreAuthor: India Writes Network
Modinomics, Korea’s 3.0 economic plans set to tango
Modinomics and Korea 3.0 economic plans are set to tango in days to come. Banking on India’s Prime Minister Narendra Modi’s “Make in India” campaign and its recent growth stories, …
Read MoreCentral Asia: India’s Northern Exposure
It is time for India to reconnect with a rapidly-changing Central Asia—increasingly the focus of world attention, and rivalry among the great powers over security and energy stakes. India …
Read MoreEnergy for All: How can India pursue its goal of providing energy to all sustainably?
To meet its poverty eradication, human and economic development targets, India will require much greater availability of energy. Poverty eradication is critical for building resilience to potential climate impacts. India …
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Delhi-S(e)oul Connect
Buddhism, Business, Bollywood. Culture, Commerce and Creativity. In many ways, India and South Korea are a perfect couple, in step with each other, and looking to complement each other and …
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India and Mongolia: Heart-to-Heart
Democracy, Development, Business and Buddhism. These are multiple strands of the blossoming relations between India and Mongolia, the land of legendary warriors and the repository of fabulous mineral wealth. What …
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India & China: From INCH to MILES
Ni Hao, China. When Prime Minister Narendra Modi heads on his maiden trip to China May 14-16, the Chinese people can hope to see and hear an Indian leader who …
Read MoreIncremental progress, not flourishes in India-China statement
There has always been a touch of rhetorical excess in delineating joint statements between India and China. In 1954 when we signed the agreement on trade and intercourse with the …
Read MoreIndia, South Korea upgrade ties, sign 7 pacts
SEOUL: India and South Korea have infused a new energy into their multi-faceted partnership by upgrading ties to “special strategic partnership” and signing seven bilateral agreements in diverse areas.
“Our relationship started with a strong economic emphasis. But, it has also now become strategic in content,” Prime Minister Narendra Modi said on Monday.
“The decision to upgrade bilateral ties reflect how seriously we take the new framework of our relationship. Republic of Korea is the second country with which India will have a diplomatic and security dialogue in 2+2 format,” PM Modi said while addressing a joint press conference with South Korean President Park Geun-hye in Seoul.
Read MoreSouth Korea’s $10 billion boost for India’s infrastructure
As India’s Prime Minister Narendra Modi arrived in South Korea, on his last leg of three-nation visit, Seoul has announced that it will offer $10 billion to support several of India’s ambitious projects including bullet trains and smart cities.
“My country is offering India a financial package amounting to a total of $10 billion. This will comprise an economic development cooperation fund of $1 billion and export credits of another $9 billion,” said Joon-gyu Lee, South Korea’s envoy to India.
Several South Korean companies are doing well in India, and this has given confidence to other Korean organisations to expand its manufacturing and other operations in the country.
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