Views and Reviews of various articles, topics and issues related to Civil Services Prelims and Mains Examinations conducted by UPSC of India
Friday, August 07, 2009
Comprehensive Economic Partnership Agreement between India and South Korea
India and South Korea have signed free trade agreement.
India is looking towards east for some years by now. As per BRIC theory, India belongs to four emerging economies of the world. South Korea is the third largest economies of Asia. South Korea has export based economy. South Korea in India can be identified with Hundai, Samsung, LG, POSCO and now South Koreans will be seen in the field of advertising, computer software (Samsung is a major hardware manufacturer), banking, garments, textiles, and many fields listed in the agreement.
Use the following link:
India, South Korea ink free trade pact - India - NEWS - The Times of India: "Comprehensive Economic Partnership Agreement"
Added on August 16, 2009.
For additional point on FTA with Asean use the report of The Hindu.
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