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Month

Year

Pravasi Bharatiya Divas Celebration (Events)

17 December, 2012

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India concerned at the launch of rocket by Democratic People’s Republic of Korea (Press Release)

12 December, 2012

Know Rajasthan Program (Events)

11 December, 2012

Official visit of Defense Minister Kim, Kwan-Jim to India (Press Release)

05 December, 2012

Minister of National Defence of ROK led a ten member delegation to India from 28 Nov to 01 December 2012. His official visit followed that of India's defense Minister Mr. A K Antony to ROK in September 2010.

On 29th November Minister Kim visited '60 Parachute Field Hospital' a medical unit of the Indian Army at Agra, which had deployed 600 medical personnel at Taigu, during the Korean War. The unit had treated over 200,000 Koreans during 1950-54. He also toured the Archives and Gallery of the Unit displaying rare photographs and memorabilia of the Korean War. In his address to the Indian troops he conveyed his deep appreciation for the outstanding role and contributions of the medical unit and 5000 Indian troops that had served in the Korean Peninsula, as part of the UN Neutral Nations Repatriation Commission. Later in the day he visited the world famous Taj Mahal, which is one of the seven wonders of the world.

On 30th November 30 Minister Kim, paid homage to the martyrs of the nation at India Gate. He was next accorded an impressive ceremonial Guard of Honour by the Indian Armed Forces and warmly received by India's Defence Minister at the imposing & historic South Block building constructed in early 1900s. The two ministers exchanged views in a restricted meeting which followed delegation level talks. The wide ranging discussions, between defense ministers of two of the friendliest of countries and strategic partners, covered the entire gamut of bilateral, regional and contemporary issues of common interest and concern, relating to peace, security and defence cooperation.

The three Service Chiefs called on the visiting dignitary who also had a number other engagements. Minister Kim described his visit to India as 'highly successful and satisfying'. It has been instrumental in further enhancing mutual understanding and cooperation in a variety of defense and security related areas between the two countries.

View Photos

Seoul

India eases visa norms - Restriction of two month gap between visits to India removed for Korean nationals (Press Release)

05 December, 2012

India's Finance Minister Visits the Republic of Korea (Press Release)

03 November, 2012

Mr. P. Chidambaram, Finance Minister of India, visited the Republic of Korea from 2-3 November 2012 to hold the 3rd India-Korea Finance Ministers' Meeting in Seoul. He met the Minister of Strategy and Finance, Mr. Bahk Jaewan, on 2nd November and held wide-ranging discussions on financial and economic matters of bilateral concern as well as on relevant regional and international developments. Minister Chidambaram was accompanied by a high-level delegation from India comprising senior officials from the Ministry of Finance, tax experts, and also a senior representative of the EXIM Bank of India. The second meeting of the Finance Ministers of the two countries was held in New Delhi in January 2011 when the former Minister of Finance and Strategy of Korea had visited India.

Mr. Chidambaram congratulated Minister Bahk on Korea's successful effort to host the Global Climate Fund, and assured him of India's full support in launching the Fund.

The two ministers recognized the immense potential that exists between the two countries for greater investment and trade flows, and agreed to work towards realizing this potential. They particularly referred to the Comprehensive Economic Partnership Agreement (CEPA) which had resulted in 70% growth in bilateral trade in 2 years since its implementation in January 2010, and expressed determination to make cooperative and concerted efforts to achieve the target of $40 billion by 2015 set during the visit of India's Prime Minister Dr. Manmohan Singh to Korea in March 2012.

The two sides exchanged views on macro-economic outlook, and explored ways and policy directions to strengthen their cooperation further. During delegation level talks, the discussions covered extensive areas including fiscal policy, taxation, customs clearance, public procurement and infrastructure cooperation. The two sides agreed to sign a Memorandum of Understanding in the near future aimed at institutionalizing the cooperation between the finance ministries of the two countries and benefiting from sharing of their experiences and best practices.

Later Minister Chidambaram held a business interactive session with top CEOs of Korean industry organized by the Federation of Korean Industries (FKI). The minister underlined the strength and growth potential of the Indian economy and invited the Korean businesses and industries to invest more in the Indian market, particularly in Indian infrastructure sector.

Seoul

India Opens a Defence Wing in its Embassy in Seoul (Press Release)

01 November, 2012

The 11^th Korea-India Dialogue - Deepening Partnership for 21^st Century (Press Release)

18 October, 2012

1. The 11th Korea-India Dialogue on 'Deepening Partnership for the 21st Century' was held in Seoul on 17-18 October 2012. Sponsored by the Korea Foundation and POSCO, the dialogue was co-organized by Seoul Forum for International Affairs (SFIA) and Indian Council for Research on International Economic Relations (ICRIER).

2. The Korean side was led by President of SFIA Dr. Ku-Hyun JUNG and on the Indian side by Member of Parliament Hon'ble Baijayant PANDA. Senior personalities on both sides including Parliamentarians, former Ministers, serving and retired Diplomats, academicians and journalists brain-stormed over two days to identify ways and means, to further deepen cooperation between the two countries.

3. Welcoming the participants, Chairman of SFIA and former Prime Minister Mr. Hong-Koo LEE expressed great satisfaction at the steady expansion and strengthening of India Korea ties. He noted that the India-Korea Dialogue series, initiated in 1996, had emerged as an important platform for exchange of views on enhancing bilateral synergies. The leadership in Korea and India valued the recommendations of this Forum.

4. Ambassador of India Vishnu Prakash spoke about the strategic convergence of interests between both countries and the bipartisan political consensus for the closest bilateral relations. He underlined that there was no conflict of interest and that the relationship had entered a transformative phase. He identified security and defence, infrastructure, energy, small and medium enterprises (SMEs), IT hardware and third-country projects, as some of the most promising areas of cooperation.

5. The Forum would submit its recommendations to the respective Governments. The 12th Dialogue would take place in the latter part of 2013 in India.

Seoul

Celebration of 66th Indian Independence Day in Seoul (Press Release)

15 August, 2012

First Ever Visit of IFS Probationary Officers to South Korea (Press Release)

25 July, 2012

In a first, ten Indian Foreign Service (IFS) Probationary Officers of the 2011 batch are currently on a week-long familiarization visit of South Korea (Korea). The visit is reflective of the growing momentum and content in the bilateral relationship. India and Korea are not only strategic partners, but are also beneficiaries of a Comprehensive Economic Partnership Agreement (CEPA) since 1 January 2010.

During their stay in Seoul, the young officers called on Korea's Trade Minister H.E. Bark Tae-ho, who shared his perspective on the factors responsible for the country's extraordinary economic development and its transformation from a dirt-poor to OECD nation, in a mere 40 years.

The IFS officers also met Chancellor of Korea National Diplomatic Academy Mr. Byung-Kook Kim, Director General of South Asia and Pacific Bureau Mr. Park Hae-yun, Managing Editor of JoongAng Ilbo Mr. Kim, Chong-hyuk and Senior Research Fellow of Korea Institute for Defence Analysis (KIDA) Dr. Kim Chang-su, besides interacting with Ambassador of India Vishnu Prakash and other members of the Mission. They studied the functioning of various wings of the Mission, as well as, visited the Demilitarized Zone (DMZ) between South and North Koreas, the Indian Visa Outsourcing Centre and important cultural and political landmarks in the capital city, in addition to, participating in the inaugural session of the two-week long Mid Career Training Programme for the Indian Administrative Service (IAS) Officers, who are also in Seoul.

Besides Seoul, the diplomats will be visiting Hyundai Heavy Industries, Shipping Department in Ulsan, world's third largest steel producer POSCO in Pohang, memorial of Indian Princess Suriratna from Ayodhya, who came to Korea in 48 AD to become Queen Huh Hwang-ok in Gimhae and other places of interest.

In parallel, a group of 90 IAS and Sri Lankan Administrative Service Officers are in Seoul for the training programme, taking place with the assistance of Korea Development Institute (KDI) and support of the Embassy of India. This is the 6th such programme over the years that Lal Bahadur Shastri National Academy of Administration has undertaken in Seoul. Ambassador of India addressed the officers at the inaugural session and would also be hosting a dinner on 30 July 2012.

Seoul

Bilateral Agreement on Transfer of Sentenced Persons comes into force (Press Release)

25 July, 2012

Goodwill visit of Indian Naval Ships to South Korea (Busan) (Press Release)

25 July, 2012

1. A fleet of four Indian naval vessels are currently on a goodwill visit to the port of Busan. The fleet is commanded by Rear Admiral Ajith Kumar. The vessels sailed-in on 29 May 2012 to an exceptionally warm welcome by the South Korean Navy. Two Korean kids dressed in traditional Hanboks also offered flowers to the Indian visitors. The Indian fleet comprises of:

1. INS Shivalik, which is the latest Guided Missile Stealth Frigate, designed and built in India by Mazagon Dock Ltd.
2. INS Shakti (Tanker and Replenishment Ship)
3. INS Rana (Destroyer)
4. INS Karmuk (Guided Missile Corvette)

2. Admiral Kumar paid a courtesy call on H.E. Hur Nam-sik, Mayor of Busan today, as well as, senior officials and dignitaries in the Korean Navy and Busan city administration. Sailors of both countries played a friendly soccer match. Members of the public and school children were invited to visit the Ships and witness a joint concert by the bands of Indian and Korean Navies.

3. A Reception on board INS Shivalik was held on Wednesday, 30 May 2012, which was attended by Read Admiral Kim, Dong-sik, Deputy Commander of the Korean Fleet, senior officers of the Korean Navy, as well as prominent Korean and Indian citizens. Speaking on the occasion, Ambassador Vishnu Prakash hailed the growing security and defence cooperation between South Korea and India, reflective of a convergence of interests and challenges. Elevation of bilateral relationship to Strategic Partnership in January 2010 has given a strong impetus to defence cooperation including, exchange of high level visits, port calls, information sharing, training, joint exercises and procurement of defence equipment.

4. On 2 June 2012, a joint exercise would be held between the Indian and South Korean Navies, whereafter the Indian vessels will sail for Tokyo. The ships have already paid port calls at Singapore and Vietnam. On their return journey from Japan, they would also be visiting Shanghai and Malaysia.

Seoul

Statement by Prime Minister at the Plenary of the Nuclear Security Summit (Events)

27 March, 2012

Your Excellency President Lee Myung-bak,
Distinguished Heads of Delegations,
I would like to join others in thanking President Lee Myung-bak for hosting this Summit and for the excellent arrangements made. India fully shares global concerns on nuclear terrorism and clandestine proliferation, which continue to pose serious threats to international security. At the same time, given India’s growing energy demands, we see nuclear energy as an essential component of our energy mix. Strengthening nuclear security, therefore, assists India’s objective of promoting a safe and secure expansion of civil nuclear energy. We must continue to harness the numerous developmental benefits that nuclear science and technology offer, especially for developing countries.

We are in the process of expanding our nuclear energy generation to 62,000 MWs by 2032. We are taking forward our three stage nuclear programme based on a closed fuel cycle, with new safety features and proliferation-resistant technologies.

We are also determined that our expanded nuclear power programme will follow the highest standards of nuclear safety and security, whose synergy is essential to restore public faith in nuclear energy, especially after the tragic events at Fukushima.

We have undertaken comprehensive reviews of nuclear safety measures at our nuclear facilities. India has invited the Operational Safety Review Teams of the IAEA to assist in its own safety reviews and audit. Nuclear safety evaluations are being put in the public domain to enhance transparency and boost public confidence. We are also in the process of setting up a statutory, independent and autonomous Nuclear Safety Regulatory Authority. We are strengthening emergency preparedness and response to nuclear accidents.

Nuclear terrorism will remain a potent threat as long as there are terrorists seeking to gain access to nuclear material and technologies for malicious purposes. India is acutely conscious of this threat. Our resolution at the General Assembly on measures to deny terrorists access to weapons of mass destruction has been adopted by consensus since 2002.

We support the extension of UN Security Council Resolution 1540 and the work of its Committee and we intend to host a 1540 Workshop during this year to strengthen its implementation.

India is party to the main international legal instruments on nuclear security - the Convention on Physical Protection and its 2005 amendment, as well as the International Convention for the Suppression of Acts of Nuclear Terrorism. We support the universalization of these instruments.

Nuclear security is primarily a national responsibility but there are benefits to be gained by supplementing responsible national actions through sustained and effective international cooperation.

The Washington Communiqué and Work Plan set in place new benchmarks on nuclear security and new frameworks for international cooperation. We welcome the fact that this Summit will expand the scope of such cooperation by greater focus on minimization of High Enriched Uranium, information and transport security, nuclear forensics, preventing illicit nuclear trafficking, assistance for updating national regulations and building capacity for nuclear security.

India has contributed actively to the Nuclear Security Summit process, including by hosting a Sherpa meeting in New Delhi in January this year. We have made good progress in the establishment of the Global Centre for Nuclear Energy Partnership, which I announced at the Washington Summit. The physical infrastructure for the Centre is being set up. We have commenced ‘off-campus’ courses. Such courses will be held more frequently in the future. We have signed documents for cooperation on the Global Centre with the United States of America, Russia, France and the IAEA.

India is expanding its technical assistance to developing countries, including by providing our indigenously developed Cobalt teletherapy machines – Bhabhatrons - for cancer treatment.

The IAEA has a central role in strengthening the international global nuclear security architecture. I am happy to announce that India will contribute 1 million US dollars to the IAEA’s Nuclear Security Fund for the years 2012-13.

India will participate in the Agency’s 2013 international coordinating conference of various nuclear security activities, including the Global Initiative to Combat Nuclear Terrorism and the Global Partnership.

The best guarantee for nuclear security is a world free from nuclear weapons. Our former Prime Minister, Mr. Rajiv Gandhi, put forward an Action Plan for global nuclear disarmament in a time-bound framework almost 25 years ago. This remains the most comprehensive and elaborate proposal to achieve this objective.

Attaining the goal of a nuclear weapon-free world will require commitments embedded in an agreed multilateral framework involving all states possessing nuclear weapons. This should include measures to reduce nuclear dangers by reducing the salience of nuclear weapons in security doctrines and by increasing universal restraints on the first use of nuclear weapons.

We also support the early commencement of negotiations on a Fissile Material Cut-off Treaty in the Conference on Disarmament in Geneva. India has never been a source of proliferation of sensitive technologies and we are determined to further strengthen our export control systems to keep them on par with the highest international standards. We have already adhered to the guidelines of the NSG and MTCR. As a like–minded country with the ability and willingness to promote global non-proliferation objectives, we believe that the next logical step is India’s membership of the four export control regimes.

In conclusion, I would like to reiterate India’s commitment to strengthen and improve further the effectiveness of its nuclear safety and security systems and make a significant contribution to the enhancement of the global nuclear security architecture.

Thank you.

Address by PM to Korean CEOs during his visit to Republic of Korea (Events)

26 March, 2012

Chairman of the Korea Federation of Small and Medium Businesses, Mr. Kim Ki-Moon,Distinguished Representatives of Korea Chamber of Commerce and Industry (KCCI), Korea International Trade Association (KITA), Federation of Korean Industries (FKI) and the Indian Chamber of Commerce in KoreaDistinguished Captains of Korean Business and Industry,Dear Friends,

It is a great pleasure for me to meet with you this morning. I would like to thank the leading Korean chambers of commerce and industry for organizing this interaction during my official visit to this beautiful country.

We in India admire the Korean people for the great economic and social progress they have registered. Despite the downturn in the global economy, Korea has sustained one of the highest growth rates among the OECD countries. These achievements are due to the determination, solid hard work and spirit of enterprise of the Korean people.

India too is one of the fastest growing major economies of the world. Despite the adverse international environment, we have managed to maintain a growth rate of 7% per annum in the last few years. I am confident that the strong fundamentals of our economy will help us return to a sustained growth path of about 8-10% per annum in the coming years.

Firstly, our domestic savings rate is about 33 – 35% of our GDP and growing.

Secondly, India has a very young population and over half of the working population is in its twenties.

Thirdly, over the past few years we have invested heavily in education, health and agriculture to give a new deal to rural India. Our rural markets are now booming and the middle class is growing rapidly.

Fourthly, we have been undertaking a huge expansion in our higher education and skill development infrastructure of ports, airports, railways, energy and roads. India is poised to continue to be a frontline player in the global knowledge economy.

Fifthly, we have very ambitious plans for the development of our physical infrastructure. We are planning to secure investment of almost US Dollar one trillion in the next 5 years in new projects in highways, power plants, mass transport systems, ports and airports. This will be achieved through both public and private investment and Public-Private Partnerships.

Sixthly, we are determined to pursue a strategy of green growth. We are committed to increasing energy efficiency and the share of renewables, including solar and nuclear power, in our energy mix. There will be large business opportunities and I am aware of Korean capabilities in environmentally friendly technologies.

Korean companies have always recognized these strengths and competitive advantages of the Indian economy. They were among the early investors to look at India as a strategic investment destination. Korean giants like LG and Samsung are household names in India. Hyundai has a 25% market share in India's domestic passenger car industry.

recognize that sometimes our processes can be slow but there are effective mechanisms for resolution of problems and differences and a strong rule of law. The government is keen to move forward with the POSCO project and there is some progress in this regard. I believe that India is a stable and profitable long term investment opportunity.

Investment from Korea is a priority for India. We will take pro-active steps to address investor grievances and improve the business climate in the country. Many States of our Union have been actively encouraging foreign investment and we will support these efforts. I urge Korean industry to have faith in India.

After the implementation of our bilateral Comprehensive Economic Partnership Agreement (CEPA) on 1 January 2010, our bilateral trade has surged by roughly 65% in two years and reached a turnover of 20.6 billion US Dollars in 2011. However, it is still below its huge untapped potential. Therefore, President Lee and I decided yesterday to revise the bilateral trade target to 40 billion US Dollars by 2015. This is a challenge as well as an opportunity that we must both seize together. I look forward to hearing your views.

Thank you.

Media Briefing by Secretary (East) on Prime Minister’s ongoing visit to Republic of Korea (Events)

25 March, 2012

Official Spokesperson (Shri Syed Akbaruddin): The briefing will cover the events of this morning, that is, basically the bilateral part of the visit so far.

We have here with us Secretary (East) Mr. Sanjay Singh, who will make some opening remarks. In case you have any questions or clarifications after that, we have a team of other colleagues who will assist the Secretary in his responses. I do not need to perhaps introduce the gentleman on my left. All of you are aware of Ambassador Vishnu Prakash.

You know him much better than I do because you have worked with him for several years. To Secretary (East)’s left is Mr. Pankaj Pachauri, Communications Advisor to the Prime Minister. To his left is Mr. Gautam Bambawale, Joint Secretary (East Asia).

Without further ado, I will ask Secretary (East) to make his brief opening remarks, and then we will follow up with responses to any questions that you may have.

Secretary (East) (Shri Sanjay Singh): Good afternoon everybody.
We have already given you a pretty extensive briefing in Delhi. Today, PM’s statement to the press was very extensive. I suppose all of you have got that. You will get the Joint Statement. What I would be doing is basically going over the ground which has already been trodden. But I think it will be useful for those who have not been there in the morning session or have missed out one or the other part of the proceedings of the morning. We will go through it and then we will try and field questions, as the case may be, if there are any.

Let us just put it in context. Prime Minister arrived, you have all arrived with him in the same plane, on a three-day bilateral visit to South Korea from 24th to 26th March. He had earlier visited Korea in November 2010, for the G20 Summit. President Lee was the Chief Guest at the Republic Day in January 2010 during which visit our bilateral partnership was elevated to a strategic relationship. Hon. President visited Korea in July 2011. To put it in context, we have had a number of bilateral visits in a very short space of time which is indicative of the growing strength of our bilateral relations.

Today, Prime Minister had his summit meeting with President Lee. Most of you were in the Blue House to attend the media event and have got a flavor of the conversation and the feel for the atmospherics. To give you a quick overview, Prime Minister paid homage at the Memorial Tower along with Shrimati Gursharan Kaur and members of the delegation in the morning. He was next accorded a warm ceremonial welcome at the Blue House and presented with a Guard of Honour. It was a very colourful ceremony in true Korean style. Large numbers of Korean and Indian children were present during the ceremony. They greeted and cheered both leaders who spent a few minutes conversing with them. Our Korean friends very thoughtfully arranged a short tour for the Indian kids of the Blue House.

The two leaders held a restricted meeting which was followed by delegation-level talks. The talks were wide-ranging and covered the whole gamut of bilateral, regional and international issues of common interest. PM and President expressed great satisfaction at the momentum in bilateral relations in recent years and their all-round expansion including in areas like trade investment, S&T, space, education, defence, security, culture, and people-to-people relations.

Consequent to the operationalisation of Comprehensive Economic Partnership Agreement (CEPA) in January, 2010, bilateral trade has grown over 65 per cent in the last two years grossing the 20 billion mark by the end of 2011. There is considerable untapped potential given that Republic of Korea is among the fastest growing OECD countries, and India is the second fastest growing major economy in the world. The two leaders agreed to enhance the trade target to 40 billion dollars by 2015. Considerable investments have been flowing in both directions. South Korean companies have obtained success in India and so have Indian companies in Korea.

Prime Minister said he would like to see a bigger presence of Korean companies in India including in the area of infrastructure development. The Korean companies have known strength in infrastructure and in specific areas of manufacturing, as you know. PM will be interacting with Korean CEOs tomorrow with this objective.

An important agreement on visa simplification was signed in the presence of both leaders. It envisages long-term multiple entry visas and other visas which would spur greater contacts, travel and engagement.

Both sides also agreed to continue regular high-level exchanges in the coming months. We expect the visits of Republic of Korea’s Defence and Foreign Ministers to India. When the Foreign Minister would visit India, we would also have the meeting of the Joint Commission. The Commerce and Industry Minister of India is also expected to visit Korea for the next round of the Joint Committee Meeting to review implementation of the CEPA.

While close to about a 100,000 Indians and Koreans each traveled in both directions last year, India and Korea would work towards enhancing air connectivity to boost business and tourist traffic. Presently some 2,000 Korean students including school-going students study in India and an increasing number of Indian scholars are heading to South Korea to study science subjects. Both sides have pledged to promote educational exchange and explore more institutional tie-ups. We also have considerable cooperation in the sector of science and technology for which a fund of ten million dollars has been earmarked by both countries.

An MoU on cooperation between the Foreign Service Institute and Korean National Diplomatic Academy to explore possibilities of exchanging faculty, trainee, and best practices was concluded. The Ambassadors signed the MoU day before yesterday. For the first time we would be sending some young diplomats for an exposure to RoK later this year.

President Lee and Prime Minister noted a marked convergence of outlook on a variety of issues. They agreed that both countries would keep in close touch bilaterally as well as at international fora to regularly exchange views and coordinate positions. Both countries are welcoming of the positive role and contribution made by each other in promoting peace, stability and prosperity in our respective regions, Asia and beyond.Prime Minister was received with exceptional warmth and courtesy, which is reflective of our excellent ties and the esteem that Prime Minister has been personally held here in the Republic of Korea. His visit has been instrumental in greatly consolidating the process of bilateral engagement and in deepening our strategic partnership. I thank you.

Question: Prime Minister in his opening address said that he has requested South Korean President to support India in the NSG, MTCR, and Australia Group. What was South Korean President’s response to that?

Secretary (East): Prime Minister’s request was noted. This is a process, as you know, which is ongoing and India is making considerable progress in that.

Question: South Korean President referred to India’s concerns about North Korea launching its rocket or rather satellite on April 15th. Could you cast some light on that? Secondly, when you talk about the strategic relations with South Korea, is China a factor in the equation? The reason why you want better strategic relations with South Korea?

Secretary (East): Firstly, we had already pointed out that nothing should be done which increases tensions in this region and goes against UNSC resolutions. We have already made that statement. I think that is what perhaps the President was referring to. I must emphasise that our relations with every country stand on their own merit and are not predicated on our relations with any other country. We have excellent relations with both, our neighbor China, and with South Korea.

Question: Did the South Korean side enquire about the POSCO project? Did POSCO project come up for discussion?

Secretary (East): Not extensively. We expressed that there is progress in the implementation of the POSCO project. Both sides attach importance to it. A number of governmental clearances, etc., have been done. The State Government of Odisha is making progress in acquiring the land. There are certain legal issues involved. These are being attended to. We hope that there is progress in the near future.

Question: Do cheezein jaanna chahunga. Kuchh Dakshin Koreayi akhbaaron mein yeh report aayi hai ki, kyon ki Dakshin Koria technology mein aur ship-building mein bahut mahir hai. Is liye …(Unclear)… Bharat sambhav hai ki Dakshin Koria se madad chahegi apne civil nuclear reactors aur unki safety ke liye South Korea ki help chahe. Main Janna chahta hun ki is disha mein koi baat hui hai. Doosra, Joint Statement mein Dakshin Korea ke Rashtrapati ne kaha ki CEPA sign hone ke baad 65 per cent trade badha hai. Hamaare Pradhan Mantri ka statement mein tha ki 70 prati shat badha hai. To sahi figure kaun sa hai?

Secretary (East): Dekhiye, jab statistics ki baat aati hai to aadha bindu idhar ya udhar hone se kaafi change ho jaata hai. Pradhan Mantri ne kaha hai 65 pratishat se upar badha hai. Ab 65 pratishat badha ho ya 70 pratishat badha ho, kaafi badha hai. Yeh kehne ki baat hai. Agar aap theek se samjhen to kareeb usike beech mein kuchh badha hai. Jo Pradhan Mantri keh rahe the ki 65 ke upar badha hai voh theek hai. Aur jo unke Rashtrapati keh rahe the ki 70 ke kareeb badha hai, voh bhi theek hai. Par kaafi badha hai. Is par main tippani karna chahunga ki yeh kaafi badha hai aur yeh CEPA ke kaaran badha hai.

Doosri baat hai ki South Korea mein bahut badhottari hui hai unke paramanu engineering mein. Aur jahan tak mujhe yaad hai, 45 per cent electricity paramanu urja hai yahan. Aur kaafi inki engineering prowess hai. Inka ek special reactor hai 1400 megawatt ka, which is one of the most advanced in the world. Hum chahte hain inke saath sahyog badhana. Isi liye humne jab Hon. President aayin thi pichhle saal July mein, to hum logon ne ek cooperaton agreement sign kiya tha jiske tahat cooperation hoga. Usmein kayi cheezen hain. Aur unmein se yeh bhi hai ki civil nuclear cooperation ke kayi pehlu hote hain. To yeh tay hoga hamaare donom deshon ke beech mein.

Question: The Prime Minister has invited South Korea to use Indian launch vehicles for launch of their satellites. Is there anything specific on the agenda? Have they approached us with any specific launch request now?

Secretary (East): South Korea has a programme to launch satellites. We have a launch vehicle. I think it is a win-win, it is in mutual interest that we have cooperation in this sector and I think we can both use our capabilities to mutual advantage.

Question: Any specific launch the South Koreans have approached us with?

Secretary (East): We have cooperation in the sector of space. We signed this agreement in 2010 when President Lee visited India as a Chief Guest at the Republic Day. And this has all these areas of cooperation.

Question: The Prime Minister announced that a Defence Attache will be positioned in Seoul shortly. You have also talked about the possibility of the Defence Minister visiting India. How do you see this increased cooperation panning out? Are you going to see more exercises, more visits, more cooperation maybe at the manufacturing level during the new DPP we have? How is that procedure spanning out?

Secretary (East): Cooperation in the field of defence and security covers various aspects. One is personnel, that is human resources, capacity-building, training, exchanges of views and doctrines. The second aspect is defence production. South Korea has developed considerable prowess in defence production. We too have our own domestic strengths. I think we feel that time has come that we can cooperate with each other towards fulfilling our own requirements. And I think again this is another area with the new economic cooperation that is going on with us knowing more about South Korean companies and South Korea knowing more about Indian companies, this is a natural outcome of the process and creation of the strategic partnership.

Question: Did President Lee share his assessment of how DPRK will handle its transition under its new ruler Kim? Was this a topic for discussion at all?

Secretary (East): There were discussions regarding various regional countries. He did mention that there has been a change in the leadership in DPRK and that they would be watching how it performs in due course.

Question: Are South Korean nuclear power companies showing interest in investing in India’s nuclear power sector?

Secretary (East): I would not know specifically but I hope they do. Would you like to say a few words before we close the thing, Ambassador sahib, for old time sake?

Ambassador to ROK (Shri Vishnu Prakash): Good afternoon. It is such a delight to be talking to you again in my new incarnation. As the Secretary mentioned, this has been an excellent visit. Both sides have recognized that this establishes a new landmark in expanding our relations. The relationship is becoming truly multifaceted because it is anchored on the economic and commercial relationship which is blossoming. But also the other facets of the relationship are acquiring great salience, some of which the Secretary alluded to. They include, as he said, given the fact that we have a broad convergence of interests and outlook in respect of our respective regions, in Asia and beyond. We have been working well together at the international fora. Specifically when we talk of bilateral relationship, when we talk of security, when we talk of defence, when we talk of people-to-people, energy, civil aviation. For example the President mentioned that last year 15 million Koreans had travelled abroad. It is a small country geographically speaking and population wise of 49 million people. Given the fact that India is seen as a spiritual home by something like 25 per cent of the Buddhist population of this country, and given the fact that we are two large and two ancient civilizations with a very robust economic and commercial relationship, I think we are really scratching the surface at the moment when we talk of say 100,000 people travelling in both directions.

I think we have attained a critical mass. I think that there is tremendous goodwill and genuine interest towards each other which is factored on realities. As the Secretary mentioned, we are two fast-growing economies in the world. Today we are the third and the fourth largest economies in Asia. They are very enamoured of the fact that India offers a huge market of something like 300 million strong middle class. So, I guess we have genuine synergy. Prime Minister mentioned to President Lee Myung-bak that India and Korea are natural partners. I think that said it all. Thank you.
Official Spokesperson: Thank you.
(Concluded)

PM’s Official Visit to the Republic of Korea (Events)

25 March, 2012

Banquet Speech

Your Excellency, President Lee Myung-bak, Madam Kim Yoon-ok,
Distinguished Guests,
Ladies and Gentlemen,

I would like to express my deep debt to President Lee and the gracious First Lady Madam Kim for hosting us today. I thank you for the warmth of your welcome and the cordiality of your reception.

Excellency,

We in India regard you as a great supporter of a strong India-Korea partnership. It was during your historic visit to India in 2010 that we upgraded our relations to the level of a Strategic Partnership.

We admire the way you have steered the Korean economy through the global economic downturn.

Excellency,

Links between India and Korea go back thousands of years. Lord Buddha’s abiding message of peace resonates among both our peoples. We know of the legend that a Princess from Ayodhya traveled here to marry King Kim Suro. I thank you for installing a bust of India’s great poet, Gurudev Rabindranath Tagore, who called your nation the ‘Lamp of the East’, in Seoul.

We have watched with great admiration the transformation of Korea into a developed economy. The people of India admire the determination, capacity for hard work and the spirit of enterprise that characterize Korean people.

Korean companies were among the first to respond confidence in India after we opened our economy in 1991. Many Korean brands are household names in India.

There is immense potential for further economic cooperation between our two countries.

Excellency, India looks forward to strengthening political and security cooperation with the Republic of Korea. We welcome Korea’s growing role in international affairs and see it as a positive factor for peace and stability. I recall Korea’s excellent chairmanship of the G-20 Summit last year. We look to Korea’s leadership to strengthen international cooperation on matters of nuclear security at the forthcoming Summit.

I am confident that under your inspiring leadership, Mr. President, relations between India and Korea will blossom even further in the years ahead.

Ladies and gentlemen,
May I invite you to join me in raising a toast:

- To the continued health and well being of President Lee and Madam Kim,

- To an enhanced and expanded Strategic Partnership between India and the Republic of Korea,

- To everlasting friendship between the Indian and Korean people.

India - Republic of Korea Joint Statement: Deepening the Strategic Partnership (Events)

25 March, 2012

1.The Prime Minister of India, Dr. Manmohan Singh paid an Official Visit to the Republic of Korea (ROK), at the invitation of President Lee Myung-bak, on 25 March 2012. The Prime Minister of India, his spouse Shrimati Gursharan Kaur and the accompanying delegation were received with great warmth and accorded a ceremonial welcome at the Blue House. Prime Minister Singh held a restricted summit meeting with President Lee, followed by delegation level talks. Thereafter, a luncheon banquet was hosted by President Lee in honour of the visiting dignitary and his delegation.

2.During the summit meeting, Prime Minister Singh and President Lee conducted a thorough review of and hailed the multifaceted bilateral relationship, which has rapidly acquired greater depth and vitality since its elevation to a Strategic Partnership during the landmark State visit to India of President Lee in January 2010. They agreed that the State visit of President Shrimati Pratibha Devisingh Patil to the Republic of Korea in July 2011, had imparted further momentum to the engagement and dialogue process between the two countries. The two leaders expressed satisfaction at regular high-level exchanges, steadily growing economic, trade, security and cultural ties, as well as robust people-to-people exchanges. They examined ways to further enhance ties, underscoring the mutual convergence of interests and outlook between these two democracies of Asia.

3.The two leaders also held wide-ranging discussions on regional, international and multilateral issues. It was noted that India – Republic of Korea relations were of mutual advantage and were conducive to peace, progress and stability in our respective regions, in the whole of Asia and even beyond.

Political and Security Cooperation
4.Prime Minister Singh and President Lee, appreciating the role of the India-ROK Joint Commission (JCM) co-chaired by the Foreign Minister and External Affairs Minister of the two countries, reaffirmed that the Commission meet every year, alternately in Seoul and New Delhi. It was also decided that the seventh meeting of the Joint Commission will be held in New Delhi at the earliest date this year.

5.The two leaders shared the view that the Foreign Policy & Security Dialogue (FPSD) at the level of Vice Foreign Minister, MOFAT and Secretary (East), MEA was a useful instrument to exchange views and harmonize positions on a vast variety of bilateral, regional and international issues. It was agreed to hold the next meeting of the FPSD soon within this year in New Delhi.

6.The two leaders expressed satisfaction at the strengthening bilateral cooperation in the areas of defense and security. Prime Minister Singh conveyed India’s decision to set up a defense wing at the Embassy of India, Seoul within this year, which was welcomed by President Lee.

7.The two sides exchanged views on the prevailing complex security situation and underlined the need to actively pursue consultations and cooperation in the field of maritime safety and security both bilaterally and in association with other countries of the region.

8.The ROK side recalled the timely and useful visit of Defense Minister A K Antony in September 2010, which provided an excellent opportunity for both sides to exchange views on the entire range of defense and security issues. It was agreed that the Defense Minister of ROK would pay a return visit to India later this year.

9.Prime Minister Singh and President Lee also agreed to continue high-level exchanges between the defense establishments of both sides, undertake activities as mutually agreed for deepening bilateral defense relations and to explore the possibilities of joint ventures in research & development and manufacture of military equipment, including through the transfer of technology and co-production. President Lee underscored that the ROK side wanted to increase cooperation with India in military and defense industry including, inter alia, naval ships, aircrafts, and ship-building.

Expanding Economic and Trade Cooperation
10.Prime Minister Singh and President Lee noted with satisfaction that bilateral trade had increased by around 70 percent in two years since the entry into force of the India - ROK Comprehensive Economic Partnership Agreement (CEPA) on 1 January, 2010, crossing the $ 20 billion mark in 2011. A Joint Committee has already been instituted at the level of Trade/Commerce Ministers to regularly review the working of CEPA and upgrade it as and when required. The first meeting of the Joint Committee had taken place in New Delhi on 20th January 2011. It was agreed to have the second Ministerial Committee meeting in Seoul this year.

11.The two leaders agreed to set a new bilateral trade target of US$ 40 billion by 2015. Prime Minister Singh underlined the desirability of balanced trade relations, which would facilitate a robust growth rate in the long term. It was agreed that both sides would explore constructive and forward looking ways to facilitate greater market access to each other’s products and services. Prime Minister Singh reiterated that the Indian side was hopeful of providing ROK with pharmaceutical and agricultural products, as well as, IT enabled services.

12.Prime Minister Singh apprised his host of India’s efforts to strengthen the national infrastructure and plans to invest $ 1 trillion in infrastructure development between 2012-17. Noting the enviable track record of Korean companies in successfully executing infrastructure projects all over the globe, Prime Minister Singh invited them to actively participate in the construction projects for highways, ports, airports, metros and power plants being regularly launched in India. Prime Minister Singh pointed out that India followed a transparent and competitive bidding process, which was open to qualified companies from all countries.

13.Prime Minister Singh and President Lee welcomed the growing presence and investments of Korean companies in India and those of Indian companies in ROK, which had been stimulated by the bilateral CEPA. They also agreed to explore new possibilities for joint investment in third countries. The two leaders also reaffirmed the importance of implementing the POSCO project in the State of Odisha.

14.The two leaders welcomed the steady growth in travel between the two countries, reflective of enhanced business and people to people exchanges. They agreed to increase mutual efforts to further improve air connectivity between the two countries. It was also agreed to hold the next round of civil aviation talks at an early date, to examine various proposals on the table, including the increase of the capacity entitlements for the air carriers of the two countries, in a constructive and forward-looking spirit.

Enhancing Science and Technology Cooperation
15.Prime Minister Singh and President Lee welcomed the upgrading of the Joint Committee on Science and Technology to the ministerial level as a foundation for common growth. They noted that the $ 10 million joint R&D fund is being actively utilized for joint research projects, human resources exchanges, workshops, and other science and technology cooperation programs.

16.Both leaders pledged to enhance cooperation in the peaceful uses of outer space as envisaged in the MOU on cooperation between the Indian Space Research Organization (ISRO) and the Korea Aerospace Research Institute (KARI). The leaders noted that the technical experts from both sides met in Bangalore, India, in March 2011 and identified priority areas of cooperation. The Korean side welcomed India’s participation in the RoK’s international open bidding for launching Korean satellites. The two leaders proposed that the concerned agencies of both countries study the possible cooperation in future space activities including launching a nano-satellite developed by Korean students on an Indian launch vehicle.

17.Both leaders expressed satisfaction at the conclusion of a bilateral civil nuclear cooperation agreement during the State visit of the President of India to ROK in July 2011. Recognizing the criticality of non-polluting nuclear energy in the economic development of countries, they agreed to discuss specific items of cooperation with the ongoing review of the safety and security aspects of operating nuclear plants. President Lee requested that the Indian Government allocate a site for Korean nuclear reactors.

Promoting Culture, Education and People-to-People Exchanges
18.The two leaders expressed satisfaction at the successful organization of reciprocal year long cultural festivals in both countries during 2011. Prime Minister Singh and President Lee, decided that the 40th anniversary of the establishment of diplomatic relations between ROK and India in 2013, be celebrated in a befitting manner. Both sides will consult each other in developing a suitable calendar of events. President Lee welcomed the opening of an Indian Cultural Centre in Seoul in July 2011 and conveyed that the Korean Cultural Centre would be operational in New Delhi in the course of the year. Prime Minister Singh noted that the initiative would help the Indian people become more interested in the rich Korean culture and tradition.

19.The two leaders welcomed the growing educational and academic exchanges between the two countries. They agreed to promote tie-ups and exchanges between educational institutions of the two countries, with a view to increasing student exchanges in various areas including language, information technology, and science.

20.Prime Minister Singh and President Lee expressed a strong desire to see greater parliamentary exchanges between the two countries, which are amongst the two most vibrant democracies in the world.

21.Recognizing the critical role of the media in informing and shaping public opinion in democratic nations, Prime Minister Singh and President Lee also welcomed the MOU on media exchanges, concluded in July 2011 in Seoul. It was noted that the two countries would exchange media delegation in the second half of this year. They also agreed to facilitate institutional tie ups between media organizations of both countries to promote further exchange of content and journalists.

Furthering Cooperation in the International Arena
22.Prime Minister Singh and President Lee exchanged views on the global economic and financial situation, which continues to be very difficult. They reiterated the pressing need for all countries and international financial institutions to work in tandem in order to overcome the crisis affecting each and every nation. They agreed to step up consultations including those in the G20 process to enhance transparency and cooperation in both regional and global economic structures.

23.The two leaders also recognized the need for comprehensive UN reforms including Security Council expansion to make the body even more representative and effective. Prime Minister Singh emphasized India’s aspirations for a greater role in the reformed UN Security Council. Both sides commended each other’s roles and constructive contributions in promoting global peace, security and prosperity.

24.The two leaders exchanged views on the situation in their respective regions, as well as the Gulf, West Asia and North Africa, expressing concern at a number of flashpoints that could endanger peace and security in Asia and beyond. They underlined their strong commitment to the peaceful settlement of issues, without resorting to force or the threat of use of force.

25.The two leaders shared their views on the importance of maintaining peace and stability on the Korean Peninsula including its denuclearization. Noting North Korea’s announcement made on March 16, 2012 that it plans to launch the so-called “application satellite”, they urged that nothing should be done which increases tensions in the region and violates the relevant UN Security Council resolutions.

26.Prime Minister Singh and President Lee and expressed grave concern about the continued threat of terrorism and piracy, emanating from various quarters. The two leaders expressed the hope that the Comprehensive Convention on International Terrorism, which was under consideration at the UN, would be adopted soon. The two leaders pledged to enhance mutual cooperation including through information sharing.

27.The two leaders reiterated their common commitment to nuclear disarmament and the non-proliferation of weapons of mass destruction and their means of delivery. They attached importance to the Seoul Nuclear Security Summit in strengthening international efforts to address the challenge of nuclear terrorism. The Republic of Korea welcomed India’s intention for future membership and active participation in the multilateral export control regimes with the objective of strengthening the international non-proliferation regime.

28.The two leaders agreed to expand cooperation and coordination between their countries within the East Asia Summit (EAS), which they acknowledged should continue to remain an ASEAN-led, open, transparent and inclusive structure. They welcomed the inclusion of the United States and the Russian Federation in the EAS.

29.The two leaders welcomed the commencement of a Trilateral India-ROK-Japan dialogue amongst think-tanks of the three countries, the first of which will be held in Delhi in 2012.

30.Prime Minister Singh informed President Lee of the rapid progress in the establishment of the new Nalanda University as a symbol of excellence in learning in a resurgent Asia. President Lee stated that ROK welcomed the progress in re-establishing this premier educational institution and would examine possible ways to contribute.

31.The two leaders welcomed the signing of the following agreement and MOU :
(i)Agreement on Simplification of Visa Procedures
(ii)MOU on Cooperation between KNDA (Korea National Diplomatic Academy) and FSI (Foreign Service Institute)

32.The two leaders welcomed regular bilateral high level visits, which have become a hallmark of the relationship and observed that the Official visit of the Prime Minister of India to the Republic of Korea would contribute immeasurably to deepening and expanding the Strategic Partnership between the two countries.

33.On behalf of the Government and the people of India, Prime Minister Dr. Manmohan Singh expressed gratitude to President Mr. Lee Myung-bak and the friendly people of the Republic of Korea for the warm and gracious hospitality accorded to him and his delegation. Prime Minister Singh extended a cordial invitation to the President of ROK to visit India at a mutually convenient time. The invitation was accepted with appreciation.

India - Republic of Korea Joint Statement: Deepening the Strategic Partnership (Press Release)

25 March, 2012

6.The two leaders expressed satisfaction at the strengthening bilateral cooperation in the areas of defense and security. Prime Minister Singh conveyed India's decision to set up a defense wing at the Embassy of India, Seoul within this year, which was welcomed by President Lee.

11.The two leaders agreed to set a new bilateral trade target of US$ 40 billion by 2015. Prime Minister Singh underlined the desirability of balanced trade relations, which would facilitate a robust growth rate in the long term. It was agreed that both sides would explore constructive and forward looking ways to facilitate greater market access to each other's products and services. Prime Minister Singh reiterated that the Indian side was hopeful of providing ROK with pharmaceutical and agricultural products, as well as, IT enabled services.

12.Prime Minister Singh apprised his host of India's efforts to strengthen the national infrastructure and plans to invest $ 1 trillion in infrastructure development between 2012-17. Noting the enviable track record of Korean companies in successfully executing infrastructure projects all over the globe, Prime Minister Singh invited them to actively participate in the construction projects for highways, ports, airports, metros and power plants being regularly launched in India. Prime Minister Singh pointed out that India followed a transparent and competitive bidding process, which was open to qualified companies from all countries.

16.Both leaders pledged to enhance cooperation in the peaceful uses of outer space as envisaged in the MOU on cooperation between the Indian Space Research Organization (ISRO) and the Korea Aerospace Research Institute (KARI). The leaders noted that the technical experts from both sides met in Bangalore, India, in March 2011 and identified priority areas of cooperation. The Korean side welcomed India's participation in the RoK's international open bidding for launching Korean satellites. The two leaders proposed that the concerned agencies of both countries study the possible cooperation in future space activities including launching a nano-satellite developed by Korean students on an Indian launch vehicle.

20.Prime Minister Singh and President Lee expressed a strong desire to see greater parliamentary exchanges between the two countries, which are amongst the two most vibrant democracies in the world.

23.The two leaders also recognized the need for comprehensive UN reforms including Security Council expansion to make the body even more representative and effective. Prime Minister Singh emphasized India's aspirations for a greater role in the reformed UN Security Council. Both sides commended each other's roles and constructive contributions in promoting global peace, security and prosperity.

25.The two leaders shared their views on the importance of maintaining peace and stability on the Korean Peninsula including its denuclearization. Noting North Korea's announcement made on March 16, 2012 that it plans to launch the so-called “application satellite”, they urged that nothing should be done which increases tensions in the region and violates the relevant UN Security Council resolutions.

27.The two leaders reiterated their common commitment to nuclear disarmament and the non-proliferation of weapons of mass destruction and their means of delivery. They attached importance to the Seoul Nuclear Security Summit in strengthening international efforts to address the challenge of nuclear terrorism. The Republic of Korea welcomed India's intention for future membership and active participation in the multilateral export control regimes with the objective of strengthening the international non-proliferation regime.

29.The two leaders welcomed the commencement of a Trilateral India-ROK-Japan dialogue amongst think-tanks of the three countries, the first of which will be held in Delhi in 2012.

Seoul

PM's statement prior to his departure for the Republic of Korea (Press Release)

23 March, 2012

At the invitation of President Lee Myung-bak of the Republic of Korea, I leave tomorrow for Seoul to attend the 2012 Seoul Nuclear Security Summit and to pay an Official Visit to the Republic of Korea.

The Seoul Nuclear Security Summit follows the first Nuclear Security Summit convened by President Barack Obama in Washington in April 2010 to focus attention of countries with considerable nuclear capabilities on the threat posed by nuclear terrorism. This remains a continuing concern. India has been an active participant in carrying forward the Nuclear Security Summit initiative, and has also hosted a Sherpa meeting in January 2012 in New Delhi.

India is expanding its nuclear power programme to diversify its energy mix and enhance energy security. In order to retain public support for harnessing the benefits of nuclear energy, we must be able to assure them of the highest levels of nuclear security and safety. This is even more important after the Fukushima accident in Japan last year.

I expect the Seoul Summit to review actions that countries have taken to strengthen nuclear security since we last met in Washington, and recommend further steps to enhance the global nuclear security architecture. India has prepared a national report which will be shared during the Summit. I will highlight the high priority we attach to nuclear security, safety and non-proliferation, and our impeccable record in this regard. I also intend to underline India's continuing support for a world free of nuclear weapons.

In addition, my visit will provide the opportunity to exchange views with a number of world leaders who will be attending the Nuclear Security Summit.

I look forward to my bilateral meeting with President Lee to undertake a comprehensive review of our relations with the Republic of Korea, and identify new steps for the future. The Republic of Korea is a Strategic Partner and an important pillar of our “Look East” policy. We have a vibrant trade and investment relationship. Our partnership in science & technology, education and energy holds enormous promise.

As members of various multilateral forums such as the East Asia Summit and G-20, our two countries have shared interests on a range of emerging political, security and economic issues. I will use my meeting with President Lee to exchange views on important regional and international developments. I also look forward to meeting leading Korean business leaders, who play a key role in bringing our two countries together.

New Delhi

PM’s statement prior to his departure for the Republic of Korea (Events)

23 March, 2012

I expect the Seoul Summit to review actions that countries have taken to strengthen nuclear security since we last met in Washington, and recommend further steps to enhance the global nuclear security architecture. India has prepared a national report which will be shared during the Summit. I will highlight the high priority we attach to nuclear security, safety and non-proliferation, and our impeccable record in this regard. I also intend to underline India’s continuing support for a world free of nuclear weapons.

In addition, my visit will provide the opportunity to exchange views with a number of world leaders who will be attending the Nuclear Security Summit.

Ambassador's Article on Economic Times (Events)

22 March, 2012

Prime Minister's Seoul visit to boost trade and investment
Ambassador Vishnu Prakash
Economic Times – 22 March 2012

What does one call a demoralized, dirt-poor and war-devastated nation 60 years hence? What lies in store for a resource deficient country, with a per capita income of mere $87 in 1962? The answer is South Korea, now an OECD nation with per capita of $23,000.

It is hard to believe that this lush green nation with 65% of forest cover was nearly denuded by war and hunger by 1953. It was dismissed as a 'basket case'. The battered nation also suffered from a complex because of being 'sandwiched' between two civilizational giants - China and Japan - who laid claims to it at various points in time.

The transformation was wrought by visionary but dictatorial and even controversial leaders like the first President Syngman Rhee, and the architect of modern Korea, President Park Chung Hee. The latter wrested power through a coup in May 1961 and ruled with an iron hand, until his assassination in 1979.

Early on the leadership realized that the country's salvation lay in education, connectivity and industrialization. In the initial years, as much as 19% of national budget was earmarked for education. In the quest for development and assistance, President Park in 1965 boldly normalized relations even with Japan, its erstwhile 'oppressive' colonial master, despite fierce domestic opposition.

He unleashed a wave of industrialization and laid the foundation of present-day Chaebols (conglomerates). Next he steamrolled all opposition to construct the 428-km long Seoul - Busan highway, ahead of schedule in 27 months flat, at an astronomical cost of Won 42.9 billion (23.6 percent of national budget in 1967). To his detractors, who were many, his response was 'just spit on my grave'. The security umbrella of USA and its generous economic assistance to ROK, in the early years was also a key factor in nation building.

Korea today has Chaebols like Samsung, which has even been termed a 'Republic' given its turnover of $ 300 billion. One of the fastest growing OCED countries , ROK is now the 9th biggest trading nation ($1.08 trillion in 2011), and the 15th largest economy, with a GDP of $ 1.164 trillion. Its leading business partners are China, Japan and USA.

Not unexpectedly, trade and investments constitute the core of rapidly expanding India-RoK ties. Corporate Korea is attracted to the opportunities presented by India's huge market, rapid GDP growth and IT prowess. The Comprehensive Economic Partnership Agreement (CEPA), operationalised on 1st January 2010, triggered a 70% surge in bilateral trade that crossed $20.5 billion in 2011. The target of $30 billion by 2014 is easily attainable. India does face a consistent deficit though and has been seeking greater access for its IT enabled services, as well as, pharmaceutical and agricultural products such as mango, walnut and grapes.

Indian companies led by TATA, Hindalco and Mahindra & Mahindra (M&M) have made investments of over $ 1 billion in ROK. M&M acquired the ailing Ssangyong Motors , the 4th largest Korean car maker in 2010, and is busy nurturing it back to health.

South Korean companies have invested more than $2.3 billion in India and are actively planning to scale up. Hyundai Motors for example produces some 600,000 vehicles in Chennai and exports half of them. Samsung Electronics generated revenues of more than $2 billion last year and employs 6000 Indian engineers in its R&D facility in Bangalore, which is the largest outside Korea.

Cash and experience rich, Korean construction companies like Samsung and Hyundai have successfully executed infrastructure projects abroad, including construction of the iconic Burj Dubai and Petronas Tower in Malaysia. They are slowly getting aware of India's ambitious infrastructure development plans. Their active involvement in India, would bring-in best practices, technology and competition. Hyundai Rotem Korea, for example, provided technology to Bharat Earth Movers Limited and has been supplying world class rolling stock and coaches for Delhi and Bangalore Metros.

Democratic underpinning and a broad convergence of interests in our regions and beyond, has led to ties expanding into security, defense, education, scientific, space, cultural and tourism spheres. Last year a bilateral civil nuclear cooperation agreement was concluded. Over 2000 Korean students (half of them school going) are studying English, IT and management in India, while some 900 Indian students now study science subjects in Korean universities. English teachers in ROK are beginning to make their mark. Korean parents have a certain comfort level with their kids studying in India. The first Indian 'Education Fair' near Seoul organized last month, by AFAIRS Exhibitions and Media was quite successful.

Our cultural contacts have dated back millennia. Legend has it that Princess Suriratna from Ayodhya came to Korea and married King Kim-Suro to become Queen Hur Hwangok in 48 AD. Some 10% of Koreans bearing the surname 'Kim' trace back their ancestry to her. India is also seen as their spiritual home by its over 25% Buddhist population. The move to open Indian Cultural Centre in Seoul last April has been well received.

A Strategic Partnership was forged between both countries during the landmark visit of President Lee Myung-bak to India in January 2010. He has been a votary of strong India-RoK relations. Prime Minister Dr. Manmohan Singh and he enjoy a warm relationship of mutual respect.

The forthcoming visit of our Prime Minister to the 'Miracle on the River Han' should further boost our robust bilateral engagement. He will also participate in the second Nuclear Security Summit in Seoul on 26-27 March 2012.

(The author is Ambassador of India to South Korea)

Visit of Prime Minister to Republic of Korea (Events)

19 March, 2012

Visit of Prime Minister to Republic of Korea (Press Release)

19 March, 2012

Grand Finale of the Festival of India in South Korea (Press Release)

06 March, 2012

The yearlong cultural Festival of India – 'Namaste Korea' (Greetings to Korea) – draws to a musical and colourful close this month. Organized by the Embassy of India and the Indian Cultural Centre in Seoul, in collaboration with the National Theater of Korea, the grand finale would feature recitals of Bharathnatyam (classical Indian dance) by Ms. Rama Vaidyanathan and percussion music by Delhi Panchavadyam Trust, an Indian musical Orchestra. The performances would be held in Seoul (on 7th March) and Gyeongju ( 9th March).

The performance in Seoul would be inaugurated by Dr. Syed Shahid Mahdi, Vice President of Indian Council for Cultural Relations, along with the President of National Theater of Korea Mr Ho-sang Ahn and the Ambassador of India Mr. Vishnu Prakash.

Over the preceding months a variety of Indian cultural performances, have been held and enjoyed by thousands of Koreans, Indians and foreign nationals, in Seoul, Busan, Nami, Jeju, Keochang, Jeonju and Gyeongju. The decision to hold reciprocal cultural festivals in South Korea and India, was taken during the landmark visit of President Lee Myung-bak to India in January 2010. It was also agreed to establish Cultural Centers in both capitals. The Indian Cultural Centre was opened in Seoul in April 2011. Besides arranging cultural programmes all over South Korea, it offers regular Yoga, Kathak (classical Indian dance) and Hindi classes.

The lead performer, Ms. Rama Vaidyanathan is a highly accomplished and renowned exponent of Bharatnatyam. She has performed to critical acclaim all over India and the world. She has received countless Presidential and civilian awards. She brings to her dance a rare sense of devotion and dedication, which leaves the audience with a sense of spiritual fulfillment. The performance is further enhanced by a stunning ensemble of musicians from India who will perform live an especially composed score.

Panchavadyam, an orchestra of five music instruments, is an ensemble performed during temple-festivals of India. Starting from a slow-tempo in the captivating rhythm, it steadily progresses and reaches the crescendo. It is a tower of rhythm created in front of caparisoned Elephants lining up in the temple-yard during the Festivals. The music of Panchavadyam is engrossing especially in the lush-green background of the pastoral-temples. The Korean audience will be treated to a mini sample of this musical form.

Seoul

Grand Finale of the Festival of India in South Korea (Events)

06 March, 2012

The yearlong cultural Festival of India – ‘Namaste Korea’ (Greetings to Korea) – draws to a musical and colourful close this month. Organized by the Embassy of India and the Indian Cultural Centre in Seoul, in collaboration with the National Theater of Korea, the grand finale would feature recitals of Bharathnatyam (classical Indian dance) by Ms. Rama Vaidyanathan and percussion music by Delhi Panchavadyam Trust, an Indian musical Orchestra. The performances would be held in Seoul (on 7th March) and Gyeongju ( 9th March).

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