India and South Korea will sign two agreements in the fields of IT and peaceful usage of space technology to foster greater cooperation for speedy devolpment of the two countries. The pacts will be inked after the delegation level talks between the Prime Minister Dr. Manmohan Singh and the South Korean President tomorrow. <br/><br/> Mr Lee Mayung-Bak reached New Delhi this evening on a four day visit . He will hold discussions with Dr. Singh on wide range of issues to widen and deepen the bilateral cooperation with a focus on stregtheningh the economic partnership.Our Correspondent reports that Civil Nuclear cooperation will be high on the agenda of talks between the visiting South Korean President and Indian Leaders. This will finally pave the way for signing of Civil Nuclaer Cooperation agreement.<br/><br/>AIR correspondent Vijay Raina reports that the South Korean President will be the chief guest at this years Republic day celebrations this year will hold discussions . During his talks with the other Indian leaders the issues of mutual importance will come up to the table to realise full potential of the bilateral economic partnership. The comprehensive economic partnership agreement has already paved the way for increase in the bilateral trade volume by 15 percent annually.It is at present is 15.6 billion US dollars . South Korea supported India during its discussions with the IAEA and NSG to seek a clean waiver for India for civil nuclear commerce. Now New Delhi is keen to enhance relations with that country in this crucial area to produce claen and green energy to meet its growing demand.
News On AIR | January 24, 2010 7:24 PM
‘India-S Korea to sign MoUs on IT & space technlogy