【New Delhi】India and South Korea have agreed to upgrade the Comprehensive Economic Partnership Agreement (CEPA) as early as possible to bolster trade and investment.
Visiting South Korean president Park Guen-hye and Prime Minister Manmohan Singh agreed to give a push to Posco's steel plant in Orissa. Both the sides also inked five agreements, including in defence and space.
Both sides have agreed to establish the India-ROK Joint Trade and Investment Promotion Committee at the Cabinet level as an expanded and restructured replacement of the current India-ROK Joint Investment Promotion Committee, as per the joint statement issued after the meeting.
【News source】
India & S Korea to upgrade CEPA, boost trade ties
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