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President Moon’s visit lend momentum to India-Korea ties: Envoy

President Moon Jae-in’s visit to India was very successful and gave momentum to the bilateral relationship, the South Korean envoy to New Delhi said today.

At an interactive session at Foreign Correspondents Club of South Asia here, Korean envoy Shin Bong-kil said President Moon’s state visit between July 8 and 11 was a “milestone” in re-energising the ties between the two countries.

“Our president was warmly received in India. He was very happy to establish a personal bonding…with Prime Minister Modi. I was moved (after) seeing pictures in the press of the president’s visit to various places in the city,” he said.

On July 10, the two sides signed 10 agreements covering a broad spectrum of sectors, including infrastructure, trade, railways, artificial intelligence, big data and anti-dumping.

They also signed a document to facilitate negotiations to upgrade the Comprehensive Economic Partnership Agreement and set a goal of raising the bilateral trade to USD 50 billion by 2030. The bilateral trade stands at USD 20 billion currently.

“Our president’s visit was remarkable, very successful and lend momentum to upgrade the overall relationship between the two countries,” the ambassador said.

After holding talks with Moon on July 10, Prime Minister Narendra Modi had said that India has a stake in the peace process on the Korean peninsula.

During Moon’s visit, the two leaders jointly inaugurated the world’s largest mobile phone factory in Noida.

The factory is built by South Korean consumer electronics major Samsung, which will double its annual handset production capacity from the unit to 120 million units by 2020.

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