FICCI to hold discussions on promoting Indo-Korean Economic Partnership
Business Standard , Jun 13, 2017
Union Finance Minster Arun Jaitley will address a seminar, organised by FICCI along with Korea Chamber of Commerce & Industry (KCCI) from June 14-15 in South Korea.
Jaitley will be accompanied by Rashesh Shah, Senior Vice President, FICCI, and Chairman and CEO, Edelweiss Group who will lead a high capacity FICCI business delegation to South Korea.
Indo-Korean relations have been growing over the past few years and this visit shall further strengthen mutually beneficial trade and investment relations between the two nations.
The meeting is expected to enhance the bilateral economic engagement and business co-operation between India and South Korea.
This visit shall further strengthen mutually beneficial trade and investment relations between the two countries. Today, India is one of the most attractive investment destinations for global investors and there is a potential for much greater investments from various countries, including South Korea.
"This visit to South Korea will provide a good opportunity for CEOs to talk about the enabling policy environment available for corporates in India as well as to highlight the advantages that India offers to foreign investors," said Shah.
The FICCI delegation will get an opportunity to highlight to stakeholders the progress made across various development programmes and various measures taken by the government to steer the economy to higher growth path. It will be an opportunity to highlight the potential areas for further co-operation, especially in areas like manufacturing, ship-building, defence, infrastructure, etc.
The delegation visit to Korea comes at a time when the ruling government in India has completed three years. During the last three years, the Indian government, under the leadership of Prime Minister Narendra Modi, has made significant progress and undertaken various structural reforms, the latest being the Goods and Services Tax (GST).
Besides Shah, Dr. A Didar Singh, Secretary General, FICCI, Harshavardhan Neotia, Immediate Past President, FICCI and Chairman and others, the FICCI delegation will be represented by industry and business heads from diversified sectors.