Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: 3.8
Article rating: No rating
Article rating: 2.0
Article rating: 1.5
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: 1.0
Article rating: No rating
Article rating: No rating
RSS

News

Prabhu reiterates India’s commitment to promote free, fair world trade

Author: IANS/Monday, September 25, 2017/Categories: Economy

Prabhu reiterates India’s commitment to promote free, fair world trade

Seoul - Commerce Minister Suresh Prabhu has reiterated India's commitment to promoting free and fair world trade, while emphasising the challenges that lay ahead in ensuring it as embodied in the World Trade Organisation (WTO).

Prabhu is on a visit to South Korea from September 21-23 to participate in the seventh Asia-Europe Economic Ministers (ASEM) meeting and the third joint ministerial review of the India-Korea Comprehensive Economic Partnership Agreement (CEPA).

"He commended ASEM for addressing global issues of common interest in the spirit of mutual respect and equal partnership and also underlined the emergence of India as one of the world's leading investment destination," a statement from the Commerce Ministry said.

On the sidelines of this meeting, the Commerce and Industry Minister had productive meetings with the Minister of State for Economy and Finance of France, Benjamin Griveaux; State Secretary of the Ministry of Trade, Industry and Fisheries of Norway, Dilek Ayhan; State Secretary for Trade, Ministry of Foreign Affairs of Denmark, Susanne Hyldelund, and the DG of the Ministry of Industry and Economy of Spain, Jose Louis Kaiser Moreiras.

Prabhu also met the Chairman of Korea's ruling Democratic Party, Choo Mi-ae and discussed the rapid progress in bilateral ties.

Choo highlighted the importance attached by South Korea President Moon Jae-in to the bilateral relationship with India and his commitment to elevate it to the next level. 

Calling India a shining star in the global economy, Choo said the "elephant was outperforming the dragon". 

The minister met the Chairman and CEO of Korea's most influential media house, the Chosun Ilbo, Bang Sang-hoon to discuss bilateral economic ties and to consider hosting the next India-Korea Business Summit at an early date, focusing on sectors which would energise the bilateral trade relationship.

Earlier, on September 21, he met the senior leadership of top Korean industries, including Samsung, Kia motors, Lotte, Kumho-Asiana, Hyundai Electric, Posco, LS Group, Toray Chemicals, CJ Logistics and Tongyang Moolsang.

In a detailed exchange of views with these businesses and the Federation of Korean Industries, issues and prospects for more business cooperation were discussed, the statement added. 

Print Rate this article:
No rating

Number of views (228)/Comments (0)

rajyashree guha

IANS

Other posts by IANS
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free