S. Korea to offer US$1 mln in aid for Iraqi humanitarian crisis

Korea, India to increase economic cooperation

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Published : 2014-01-10 21:07
Updated : 2014-01-10 21:07

South Korea and India have agreed to deepen economic cooperation in diverse areas in order to further advance their bilateral economic ties going forward, the Finance Ministry here said Friday.

The agreement was reached in a meeting between South Korean Finance Minister Hyun Oh-seok and his Indian counterpart Palaniappan Chidambaram in New Delhi on Wednesday.

The meeting was intended to fine-tune their agendas ahead of next week’s summit talks between the two countries.

Hyun and Chidambaram agreed on the “need to pave the way for mid- and long-term economic cooperation in order to advance economic ties between the two countries,” the ministry said in a press release. (Yonhap News)

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