India may sign CEPA with Korea
PTI | 7 Jan 2005
India may sign CEPA with Korea
[India News]: New Delhi, Jan 7 : Korea has expressed interest in investing in infrastructure development in India and the two countries might also sign a Comprehensive Economic Partnership Agreement to boost bilateral trade. A joint study group has been constituted for the purpose.
In a recent meeting with Minister of Commerce and Industry Kamal Nath, Korean Vice Minister for Commerce and Industry Hwuan-Eik-Cho expressed his country’s intention to participate in the infrastructure development in India, especially in the urban transport and construction sectors, an official release said here today.
Nath said the economic indicators of India were good with the exports registering a growth of 24 per cent despite higher oil prices and strengthening of rupee.
He also said that Korean companies like LG and Samsung had become household names in India.
