N-cooperation to be productive for both India, Korea: Lee

Cooperation in civil nuclear field figured prominently in the meetings South Korean President Lee Myung-Bak had with Indian leaders here on Monday.

New Delhi: Cooperation in civil nuclear
field figured prominently in the meetings South Korean
President Lee Myung-Bak had with Indian leaders here on Monday
with the visiting dignitary describing such engagement as
"productive" for both the countries.

Emphasising the expertise of his country in production
and safety of civil nuclear projects, Lee, after his meeting
with External Affairs Minister S M Krishna, said, "This is
(civil nuclear) an area which will be very productive for both
of us."

South Korea, a member of the Nuclear Suppliers Group,
had supported consensus for reopening global civil nuclear
trade with India in September 2008.

Lee said the two leaders also discussed the crucial
issue of climate change.

South Korea also has a competitive edge in sectors like
IT and communication, he said at a luncheon meeting hosted by
industry bodies CII, FICCI and Assocham.

"This is an area where I think we can have positive
results if we cooperate," he added.

India and South Korea operationalised the comprehensive
economic partnership agreement (CEPA) encompassing trade in
goods, services and investment from January one.

The CEPA will not only enhance economic ties but also
"upgrade and elevate" the relation between the two nations,
the South Korean President said.

He also invited Indian companies to enhance their
investment in his country.

PTI

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.