FM to meet South Korean Deputy PM tomorrow

Tags: News
Finance Minister P Chidambaram will meet South Korean Deputy Prime Minister and Minister of Strategy and Finance Hyun Oh Seok tomorrow to discuss ties between the two nations alongwith global macro-economic outlook.

"The 4th Indo-Korea Finance Ministerial meeting will be held tomorrow in the national capital. Both the sides will discuss issues of mutual cooperation in trade and investment, including establishing a road map for mid-term and long-term cooperation between Korea and India," the Finance Ministry said in a statement.

Besides, both the sides will also discuss about cooperation between the two countries under multi-lateral framework, including the G-20 and the East Asia Summit (EAS) and direction of bilateral collaboration, it added.

The two sides will also discuss revision of the Korea- India Double Taxation Convention (DTAC), bi-lateral cooperation between supervising agencies in the financial sector and cooperation in permission obtaining process to establish branches of Korea commercial banks in India.

The meeting will be also attended by Finance Secretary Sumit Bose, Department of Economic Affairs Secretary Arvind Mayaram other senior officials on behalf of the government of India.

Both the sides will have general discussion on policies for permitting infrastructure development in India and Korea with opportunities for further cooperation, the statement said.

Korean delegation will be lead by Hyun Oh Seok, along with Yoon Tae Yong, Director General, International Economic Affairs Bureau and Gwak Bum Gook, Director General, Treasury Bureau, among others.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Sanskrit does not compare with German in the job market

    While there can be no argument that the importance of Sanskrit as an all-India language needs to be emphasised, particularly for the young generation

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Zehra Naqvi

To hell and back

Here is a book that makes you wish there were ...

Bubbles Sabharwal

When your real & reel life heroes are the same

ALL the world’s a stage and we all are merely ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture