The stitching up of the finer details by India and South Korea on Sept 25 in Seoul for a Comprehensive Economic Partnership Agreement (CEPA) to be unveiled by the first half of next year covering trade, goods and investment will assist balance the historic ties both the countries held in the past. The Indian official level delegation, the Commerce Secretary, Mr Gopal K Pillai, said that the Korean Deputy Minister, Mr My Hye-min Lee, said that this is the second most important accomplishment in India-Korea relations.
India''s exports to South Kora have been cranking up at 40 per cent a year, while their exports to India were at 30 per cent, leaving the excess balance of trade in India''s favour. Stating that the highest official level meeting is over between the two countries, he said that some clearing up of the formal text is left so that the final text of the pact will be made public by Oct 31 by both the sides.
India''s exports to South Kora have been cranking up at 40 per cent a year, while their exports to India were at 30 per cent, leaving the excess balance of trade in India''s favour. Stating that the highest official level meeting is over between the two countries, he said that some clearing up of the formal text is left so that the final text of the pact will be made public by Oct 31 by both the sides.
No comments:
Post a Comment