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India, South Korea sign 6 pacts

India Global Business Staff

India and South Korea signed six agreements to enhance cooperation in key areas, including infrastructure development, media, start-ups and combating trans-border and international crime, during Prime Minister Narendra Modi′s visit to the country.

An MoU was signed between Korean National Police Agency and the Ministry of Home Affairs to enhance cooperation between the law enforcement agencies of the two countries and combat trans-border and international crimes.

Another agreement was signed for releasing a joint stamp, commemorating Princess Suriratna (Queen Hur Hwang-ok), a legendary Princess of Ayodhya, who went to Korea in AD 48 and married King Kim-Suro.

The two sides also signed an agreement to continue operations of Korea Plus, an organisation that facilitates investments by Korean companies in India. The two countries will promote collaboration among start-ups and set up a Korea Start-up Centre (KSC) in India to commercialise ideas, technologies and designs of start-up companies.

The Korean Broadcasting System (KBS) and Prasar Bharti have agreed to facilitate the broadcast of DD India Channel in South Korea and KBS World Channel in India.

Another MoU was signed between the National Highways Authority of India and Korea Expressway Corporation to promote bilateral cooperation in road and transport infrastructure development projects of India and facilitate technical and institutional knowledge exchange in the field of road and transport.

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