SEOUL: Prime Minister Narendra Modi arrived in South Korea’s capital Seoul on Thursday morning on a two-day visit to the East Asian country during which the two sides will seek to enhance cooperation in diverse areas, including trade and investment.
PM Modi will hold bilateral talks with South Korean President Moon Jae-in and also receive the Seoul Peace Prize which has been conferred on him in recognition of his dedication to international cooperation, global growth and human development.
“In a few hours from now, Prime Minister will address the India-Korea Business Symposium and will also launch India-Korea Startup Hub. It will be a great push and assurance for more Korean companies to invest in India and also a boost for bilateral trade,” a tweet from MEA spokesperson Raveesh Kumar said.
At present bilateral trade is around 21 billion dollars and is targeted to reach 50 billion dollars by 2030. Another important aspect is the strengthening of cultural relations which speaks volumes of India’s soft power.
As part of the global celebrations of the 150th birth anniversary of Mahatma Gandhi, Prime Minister will unveil a bust of Mahatma at the Seoul campus of Yonsei University.
He will also interact with the Indian community in South Korea.
Ahead of his visit, the PM described South Korea as an important partner for India’s key initiatives such as ‘Make in India’, and said as fellow democracies the two countries share values and vision for regional and global peace.
He said collaboration between the two in the field of science and technology is encouraging, with joint research ranging from basic to advanced sciences.
“Our people to people ties and exchanges, as always, provide the bedrock of our ties of friendship,” he said.
“Working together, we are determined to take our relationship forward as a ‘future-oriented partnership for people, prosperity and peace’,” the PM said.