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Prez Moon's visit lend momentum to India-Korea ties: Envoy

Press Trust of India  |  New Delhi 

Moon Jae-in's visit to was very successful and gave momentum to the bilateral relationship, the South Korean to said today.

At an interactive session at here, Korean said Moon's state visit between July 8 and 11 was a "milestone" in re-energising the ties between the two countries.

"Our was warmly received in He was very happy to establish a personal bonding...with Modi. I was moved (after) seeing pictures in the press of the president's visit to various places in the city," he said.

On July 10, the two sides signed 10 agreements covering a broad spectrum of sectors, including infrastructure, trade, railways, artificial intelligence, big data and anti-dumping.

They also signed a document to facilitate negotiations to upgrade the Comprehensive Economic Partnership Agreement and set a goal of raising the bilateral trade to USD 50 billion by 2030. The bilateral trade stands at USD 20 billion currently.

"Our president's visit was remarkable, very successful and lend momentum to upgrade the overall relationship between the two countries," the said.

After holding talks with Moon on July 10, had said that has a stake in the peace process on the

During Moon's visit, the two leaders jointly inaugurated the world's largest mobile phone factory in Noida.

The factory is built by South Korean Samsung, which will double its annual handset production capacity from the unit to 120 million units by 2020.

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

First Published: Fri, July 13 2018. 18:50 IST
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