Seoul:Wooing South Korean investors, Prime Minister promises to give “personal attention” to making conditions “more conducive” for them to do business in India. Modi further said his government is working aggressively to make India a very easy place for business. Wooing global investors, Prime Minister Narendra Modi today promised a more stable and predictable taxation system and said his government was working on it. Addressing South Korean CEOs in Seoul on the last day of his three-nation tour, the Prime Minister pitched for strenghthening India- Korea ties in the trade sector.
India and South Korea signed seven pacts on Monday to enhance bilateral cooperation.The agreements were signed after delegation level talks between Prime Minister Narendra Modi and South Korean President Park Geun-Hye in Seoul. The leaders held comprehensive discussions and agreed to further broaden the cooperation between the countries.
Stressing that there is a lot the two nations can do together, the Prime Minister cited several possible opportunities, including the potential for cooperation between India’s software and Korea’s hardware industry.PM Narendra Modi said Shipbuilding is a top priority for India.The PM said this during a meeting with the Chairman of Hyundai Heavy Industries Kil Seon Choi. In the last leg of his Korea visit, Prime Minister Narendra Modi visited the Huyndai Heavy Industries Headquarters in Ulsan.