India& Korea Agreed To Strengthen National Security Structures & Cyber Affairs Dialogue
While Welcoming President Ms. Park Geun-hye Of Korea Prime minister Dr Man mohan singh said”Our negotiations for revision of the existing Double Taxation Avoidance Convention have concluded. We have been exploring the possibility of establishing a Korean Industrial Park in India. President Park and I have agreed to set up a CEOs Forum comprising captains of industry and commerce from both countries to provide us with new ideas for deepening our economic collaboration”
Indian P M said” I am very happy that the large-scale POSCO steel project in Odisha is set to be operational in the coming weeks, following the revalidation of its environmental clearance. Grant of mining concession for the project is also at an advanced stage of processing. I conveyed to President Park our hope that this project will confirm that economic growth and environmental protection can go hand in hand”
Speaking On Political and security cooperation between These two countries Dr an mohan singh said “Political and security cooperation between India & Korea Is expanding steadily. “President Park and I have decided to establish an annual interaction between the national security structures of our two countries. We also have agreed to launch a Cyber Affairs Dialogue between our Governments”
India and the Republic of Korea recently held the first round of structured consultation between senior defence officials. President Park and I have recognized the possibility of defence trade and joint production by further promoting collaboration between our defence research organizations. The Agreement on the Protection of Classified Military Information signed today will also boost our defence engagement”.
Photo caption
The Prime Minister, Dr. Manmohan Singh meeting the President of the Republic of Korea, Ms. Park Geun-hye, in New Delhi on January 16, 2014.