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Moon says S. Korea-India cooperation will create new chances for both

All News 09:30 July 09, 2018

NEW DELHI, July 9 (Yonhap) -- South Korean President Moon Jae-in urged efforts to expand bilateral cooperation between his country and India, saying such cooperation will ensure not only a better future for the two countries but also peace and prosperity for the entire region.

"The possibility of economic cooperation between South Korea and India is limitless. India not only possesses talented human resources and advanced science technology but also superb production capabilities and a vast market. When they are combined with the applied technology, experience and capital that South Korea possesses, the countries' complementary and mutually beneficial economic cooperation may further gain speed," Moon said in an interview with India's leading English newspaper, Times of India, published Monday.

The South Korean leader arrived here Sunday for a four-day state visit. He is set to meet Indian President Ram Nath Kovind before holding a bilateral summit with Indian Prime Minister Narendra Modi on Tuesday. The written interview took place in Seoul before his departure on Sunday, according to Moon's presidential office Cheong Wa Dae.

Moon said India holds a special meaning for him, noting his trip here some 20 years earlier had taught him the possibility of harmony and coexistence between different peoples, cultures and even man and nature.

"I place great importance on cooperation with South Asian countries, including India," the South Korean president said, according to a script of his interview released by Cheong Wa Dae.

The president noted his New Southern Policy sought to enable coexistence and co-prosperity of South Korea and its Asian neighbors.

"Prime Minister Modi too has stressed the importance of cooperation with South Korea while pursuing his Act East Policy. There will be greater progress in the future as India and South Korea are actively pushing for the development of their relations and peace and prosperity of their region," Moon said.

Moon reiterated there was much more room for the growth of South Korea-India cooperation.

"I believe the economic cooperation between the two countries is still in the initial stage. I hope to see a further expansion of cooperation in the manufacturing, infrastructure and advanced technology sectors," he said.

He also called for joint efforts to prepare for the fourth industrial revolution.

"The fourth industrial revolution is a serious challenge that will bring changes not only in the economy and society but in the very way of our daily lives. But I believe it will be an opportunity for a fresh leap forward should the two countries work closely together while combining their strengths," Moon said.

The South Korean president also called for joint efforts to establish peace on the Korean Peninsula and in the region.

"The peace established in the Korean Peninsula will greatly contribute to peace and prosperity in South Asia. I wish to closely work together with India, which sincerely understands the preciousness of peace, to promote peace in the region and the Korean Peninsula," he said.


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