India and Korea will discuss about cooperation and direction of bilateral collaboration during the 4th India-South Korea Finance Ministers meeting in New Delhi today. Discussions will take place under multi-lateral framework including the G20 and East Asia Summit. The two sides will also discuss issues of mutual cooperation in trade and investment including establishing a road map for long term cooperation. Removal of difficulties in customs clearance and providing more investment opportunities in both the countries will also figure in the meeting. It will be attended by the Finance Minister P. Chidambaram while Korean side will be led by its Deputy Prime Minister and Minister of Strategy and Finance Hyun Oh Seok.Both the countries will also deliberate on revision of the Korea-India Double Taxation Convention and cooperation to establish branches of Korea commercial banks in India.