You are here: Home » News-IANS » Politics
Business Standard

Cabinet approves India-S. Korea agreement on tourism

Topics
Hospitality Recreation

IANS  |  New Delhi 

The Union Cabinet on Thursday approved an agreement between India and South Korea for strengthening cooperation in the field of tourism.

The meeting chaired by Prime Minister Narendra Modi approved the signing of the Memorandum of Understanding (MoU) between the two nations with an objective to expand bilateral cooperation in tourism by increasing the exchange of information and data related to the sector.

The objectives of the deal include encouraging cooperation between tourism stakeholders including hotels and tour operators; investment in the tourism and hospitality sectors; participation in travel fairs or exhibitions in each other's country and promoting safe, honourable and sustainable tourism.

With the signing of this bond, the two countries will exchange visits of tour operators, the media and the opinion makers for promotion of two-way tourism.

They will also exchange experiences in the areas of promotion, marketing destination development and management.

South Korea is one of the leading tourist generating markets for India from East Asia.

--IANS

mg/ahm/bg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, November 01 2018. 16:00 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU