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India, S Korea launch platform to promote investments

An MoU for establishing Korea Plus was signed between the two sides in January, the statement said

Policy Pulse
Publish Date: Jun 18 2016 1:09PM | Updated Date: Jun 18 2016 1:09PM

India, S Korea launch platform to promote investments

 India and South Korea launched a platform to promote investments from the East Asian country in New Delhi on Saturday. 

 
Platform called 'Korea Plus' was launched by Commerce and Industry Minister Nirmala Sitharaman and her South Korean counterpart Joo Hyunghwan. 
 
In a statement commerce and industry ministry said, "It is a special initiative to promote and facilitate Korean Investments in India." 
 
"The mandate of Korea Plus covers the entire investment spectrum including supporting Korean enterprises entering the Indian market for the first time, looking into issues faced by Korean companies doing business in India and policy advocacy to the Indian Government on their behalf," it said. 
 
An MoU for establishing Korea Plus was signed between the two sides in January, the statement said. 
 
South Korean trade minister is national capital for the review of the free trade agreement with India. It was implemented in 2010.