Prime Minister Arrives in South Korea on Final Leg of Three-nation Tour

Prime Minister Arrives in South Korea on Final Leg of Three-nation Tour

Prime Minister Narendra Modi arrived in Seoul on Monday on the last leg of his three-nation visit during which he will hold talks with the South Korean leadership aiming to give a fillip to economic and trade cooperation.

Earlier during the day, Prime Minister Narendra Modi expressed gratitude to the people of Mongolia for the warm welcome that he received in the nation.

A slew of agreements are expected to be signed during the visit, including one on the Double Taxation Avoidance Convention, cooperation in shipping and logistics, audiovisual co-production, transport, highways and electric power development in new energy industries.

The Prime Minister, who flew in from Mongolia after his three-day visit to China, will hold talks on the entire gamut of bilateral, regional and global issues with President Park Geun-Hye and explore ways to upgrade cooperation in diversified areas.

PM, Modi on Sunday became the first Indian Prime Minister to visit the landlocked northeast Asian nation which has declared India as its "third neighbor" as well as "spiritual neighbor".

Mr. Modi tweeted “My deepest gratitude to the people of Mongolia. I carry back wonderful memories of your Nation, a land that is our spiritual neighbor”.

India’s ties with South Korea are important both from a strategic and economic perspective. Bilateral trade has consistently increased over the past two decades.

He will be present in South Korea during May 18-19 to hold bilateral discussions with President Park Geun-hye and meet important business leaders in Seoul. During his visit to Seoul, Modi will be hoping to attract investments of $10 billion for the infrastructure projects here.

Prime Minister Modi will spend two days in South Korea. After arrival in Seoul, Modi is to lay a wreath at the Seoul National Cemetery. He would attend a reception by the Indian community, during which 1,500 members are to be present.

He will be accorded an official welcome after which he will hold talks with President Park Geun-Hye. A number of agreements are to be inked. Both leaders will make press statements.

President Park will host a banquet in honor of the Indian prime minister in the evening.

On Tuesday, Modi and Park are to attend the 6th Asian Leadership Conference in Seoul, being organized by the Chosun Ilbo group. Later, Modi will visit the Cheonggyecheon Stream that has been cleaned up, and is a model for such projects. The city mayor and a South Korean minister will accompany Modi. He will also visit a photo exhibition.

PM, Modi will attend a business event and also an India-Republic of Korea CEOs Forum. President Park will be present. He will later meet top CEOs of Korean companies. There will be an interaction with Friends of India in South Korea.

Mr. Modi will then visit the Hyundai shipbuilding yard at Ulsan.