US President Obama discussing some Important issues with Korean President Lee Myung Bak
The G-20 leaders meeting in Seoul next month will be hosted by President Lee Myung Bak. Seoul will be the center of attraction for the World.Personally too, I am feeling very proud being a foreign student in Korea on this great ocasion.
Being an Indian Student studying in Korea with the support of Korean Government, I see this Summit as a good opportunity for strengthening and betterment of Indo-Korean Economic Partnership in the Asian Region which I believe will further play an important role in bringing India-Korea closer in Education and Culture Diplomacy .G-20 comprise of 19 countries+ European Union which are the most influential countries in terms of Economy and are among the members of the United Nations too.If we look at these countries in terms of their GNP(Gross National Product) across the Globe the G-20 economies comprise 85%of World Trade and two-thirds of the World Population .Like other Countries, India and Korea are also expected to
gain more ground in the G-20 as their economic output has been remarkable over the past decades compared to the advanced countries suffering global financial crisis up to some extent.
US President Obama discussing some Important issues with Indian Prime Minister Manmohan Singh
As far as we know that South Korea being the most wired country in the world is seeking some offshore manufacturing bases in India being an epicenter of software development as India is home to a plethora of low-cost, reliable IT production facilities.Apart from this Both India and South Korea have good relations with the United States and with the latest agreement "Comprehensive Economic Partnership Agreement (CEPA)"which is likely to wrap up almost three years and 12 rounds of negotiations to bring to fruition South Korea's first economic agreement with a BRIC (Brazil, Russia, India, China) nation.South Korea and India are co-operating each other economically in this way.
Moreover Korea, known as the first Asian Tiger to successfully develop its economy is having many similarities too with these BRICs.On the Other side The CEPA signed recently between India and Korea also is a window of opportunity for India as it has sought India into the Northeast Asian economy. In that perspective G-20 Seoul Summit will be a milestone for strengthening the bilateral relation of the two countries in a broader sense.
Sanjay Kumar
Korean Govt.Scholarship Student from India.
No comments:
Post a Comment