India-ROK ties

Discussion in 'Foreign Relations' started by EagleOne, Jun 25, 2010.

  1. EagleOne

    EagleOne Regular Member

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    strategic/defence: This component of the relationship is the most important and Krishna took care to stress on this aspect. While addressing a large gathering of scholars, researchers and diplomats at IFANS, Krishna suggested a six-pronged strategy for strengthening India-ROK strategic partnership in the 21st century. Besides agreeing on an open and inclusive Asian regional architecture based on the principles of mutual benefit and shared opportunity, both countries have agreed to work towards this goal within the East Asian Summit framework.

    Coping with the challenges emanating from non-state actors in the Gulf of Aden was identified as the core focus for cooperation in defence and in particular between the two countries’ navies. India’s Defence Minister A.K. Antony is scheduled to visit the ROK later this year to finalise naval security cooperation. When the Prime Minister visits the ROK in November 2010 for the G-20 summit, bilateral relations will get a further boost.6 Another dimension of bilateral cooperation was identified in the energy sector. The ROK welcomed Krishna’s suggestion to establish an India-ROK Joint Working Group on Hydrocarbons to draw benefits from each others’ expertise.

    The biggest news came when while addressing the IFANS, Krishna said that both countries “will soon commence negotiations on an agreement for peaceful uses of nuclear energy”. He further said that such an accord was relevant for India’s “search for a more rational energy mix”. Recognising “Korean capabilities in civil nuclear energy”, a framework for cooperation will help address India’s growing energy needs. India and ROK have already exchanged drafts for inking an Inter-Governmental Agreement on Peaceful Uses of Nuclear Energy and an early conclusion of such an agreement would be of tremendous interest for India as such a deal will pave the way for Seoul’s export of atomic power plants to India. Since the ROK generates 40 per cent of its electricity from nuclear power plants and is eager to export its expertise, India can benefit if both countries reach an agreement on this subject.

    Launching of Korean satellites on Indian launch vehicles can be a tempting proposition for the ROK. On the possibilities in space-related cooperation, Krishna said: “In 1999, a Korean satellite KITSAT III was launched by India. We look forward to working with the RoK (Republic of Korea) in fabrication of satellites as also in helping you launch more Korean satellites on Indian launch vehicles. Our launch services are of very high quality and our costs are extremely competitive. Perhaps, the RoK can think in terms of participating in experiments on our next Moon orbiter, Chandrayaan II. The sky, literally, is the only limit to such scientific collaboration between India and Korea.”

    A marriage between ROK’s strengths in reactor technology and India’s strength in space programme can lift India-ROK ties further

    http://www.idsa.in/idsacomments/KrishnasvisittoRepublicofKoreaReapingtheDividends_rpanda_250610
     
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  3. tharikiran

    tharikiran Regular Member

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    I strongly believe along with US, this is one more country with which we should increase and improve our ties.
    There is a lot to learn and gain from them.

    From being completely devastated after the korean war to becoming a developed country, it is an incredible story.
     
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  4. SHASH2K2

    SHASH2K2 New Member

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    I completely agree with you. Though china is becoming rival to USA but they also owes their development to USA. major source of FDI is USA and majority of export goes to USA. most of usa companies have outsourced their manufacturing units to China.
    Thats the reason I strongly support Indo US relationship. We are bound to gain a lot economically.
     
  5. Yusuf

    Yusuf GUARDIAN Administrator

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    RoK can be of great strategic partner too considering the current geopolitical circumstances. SK is getting close to China alright these days considering the trade, but then historical baggage remains from the Korean war. India was on Koreas side as per the UN mandate and also sent its doctors there.

    India can gain a lot from SKs technical know how. India can collaborate in ship building industry as SK is now the leader in commercial ship building.
    SK is already a leader in the segments it is there in India like Samsung, LG.
    Posco is investing heavily here.

    So all in all there is great potential to develop trade and strategic ties with SK.
     

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