India and South Korea today launched a platform to promote and facilitate investments from the east Asian country. The platform 'Korea Plus' was launched by Commerce and Industry Minister Nirmala Sitharaman and her South Korean counterpart Joo Hyunghwan in New Delhi.<br/><br/>The commerce and industry ministry, in a statement said it is a special initiative to promote and facilitate Korean Investments in India.<br/>Korea Plus comprises a representative each from the South Korean Ministry of Industry, Trade and Energy and Korea<br/>Trade Investment and Promotion Agency (KOTRA).<br/><br/>Besides, itincludes three officials from Invest India. The statement said, a Memorandum of Understanding for establishing Korea Plus was signed between the two sides in January. The MoU came as an outcome of the visit of Indian Prime Minister Narendra Modi to South Korea in May last year.