Hotline: 1800 102 2007
X
Search Business Opportunities
2011-02-23

Trade soars between India and South Korea

CEPA will create business opportunities for Korean companies and would simultaneously provide opportunities to Indian professionals from software, engineering, finance and telecommunication sectors to

India and South Korea have signed a comprehensive economic  partnership agreement (CEPA) recently  that would unlock complementary strengths and boost trade and investment flows between the two countries.

 

India and South Korea aim doubling bilateral trade to USD 24 billion in five years as their recent economic pact liberalised tariff regime, Commerce and Industry Minister Anand Sharma said Tuesday.

 

"In 2009-10, our bilateral trade was USD 11.99 billion. We hope the two-way trade will double in the next five years," Sharma said after meeting South Korean Vice Minister of Knowledge Economy Park Young June here.

 

He further added that, CEPA will create business opportunities for Korean companies and would simultaneously provide opportunities to Indian professionals from software, engineering, finance and telecommunication sectors to participate and contribute to South Korea's services sector. He also urged South Korea to provide greater market access to Indian infotech companies. 

Related opportunities
  • Designer Wear
    About : Started in 2014, H&S sources its fabric from Italian..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    About: Starting out in 2013 with its first Pizza store in..
    Locations looking for expansion Gujarat
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Quick Service Restaurants
    Kathi Junction – brings the golden opportunity to start your..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater NEW DELHI New Delhi
  • Bakery & Confectionary
    About Us:  Established in 2006, Oya kekars is hugely popular pastry..
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts