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Forty Years of Korea-India Diplomatic Relations and Economic Cooperation

Korea's Economy
About Korea's Economy

Korea’s Economy is KEI’s annual journal publication dedicated to the key issues of the day for the Korean economy. Articles in Korea’s Economy are designed to give the casual, but informed reader insight into issues related to Korea’s markets and financial institutions, economic reform, economic relations with the wider world, and North Korea. It is published jointly each year with the Korea Institute for International Economic Policy.

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Forty Years of Korea-India Diplomatic Relations and Economic Cooperation
Region: Asia
Theme: Economics
Published June 16, 2014
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2013 marks the 40th anniversary of diplomatic relations between the Republic of Korea (ROK) and India. This relationship,
based primarily on economic cooperation, has slowed down since the 2000s in contrast to other East Asian countries and India.
In particular, FDI from Korea to India has been losing its vigor, and now is the time to find a new breakthrough. This article
covers the economic cooperation between Korea and India in the aspects of trade, FDI and FTA. Support policies for mergers
and acquisitions (M&A), finance and infrastructure, in addition to Korea-India CEPA upgrade negations, are needed. Above all,
Korea-India summits should be regularized.

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