"My Asian dream is one in which all of Asia rises together. The future I dream for India is the future I seek for our neighbours. Our growth must be more inclusive within and across nations," said Modi.
Prime Minister Narendra Modi on Tuesday left for home after wrapping up his six-day tour that took him to China, Mongolia and South Korea where he held bilateral talks and signed several pacts to bolster India's relations with the three countries.
"My visit to the Republic of Korea has been very satisfying. I thank the Korean people & Government for their warm hospitality," Modi tweeted before he emplaned for Delhi from here after meeting Busan Mayor Suh Byung-soo.
"Meetings with President Park Geun-hye and business leaders were fruitful. Many aspects of strengthening India-Korea cooperation were discussed. I leave with the confidence that our ties will get even better and our relationship will benefit people of our nations," he said.
Modi, who began his trip with China, held wide-ranging talks with the leadership of the three nations and also wooed investors for his 'Make in India' campaign.
In South Korea, the final destination of his three-nation tour, Modi and President Park held discussions and resolved to add "new substance, speed and content" covering defence, trade and investment, and regional cooperation to take the bilateral ties to a qualitatively higher level.
Latest Updates:
16:12 IST Tuesday, 19 May 2015
My visit to the Republic of Korea has been very satisfying. I thank the Korean people & Government for their warm hospitality.
14:30 IST Tuesday, 19 May 2015
"Shipbuilding is a top priority for us." PM Modi tells Kil Seon Choi, Chairman of Hyundai Heavy Industries
Prime Minister Narendra Modi visited Hyundai Heavy Industries to seek increased partnership between Indian shipyards and the South Korean giant to ensure that India's shipbuilding industry can benefit from its expertise and experience.
The Prime Minister, who spent about an hour, discussed various ways to expand cooperation in naval defence, LNG carrier construction and shipbuilding technology. "Shipbuilding is a top priority for us," Modi told Choi.
Modi showed particular interest in HHI's technological prowess in building a wide range of naval vessels as well as high-value added vessels such as LNG carriers.
11:30 IST Tuesday, 19 May2015
PM Modi departs for engagements in Ulsan, Gimhae
Prime Minister Narendra Modi on Tuesday left for Gimhae International Airport, from where he will leave for Ulsan to see the Hyundai Heavy Industries Shipyard.
Later, the Prime Minister will have a brief interaction with the mayors of Busan and Pohang in Gimhae.
10:40 IST Tuesday, 19 May 2015
"I feel proud to meet all of you". PM Modi to Friends of India in the Republic of Korea
Also read: PM Modi in Korea: 'Working aggressively to make India easy for business'
8:41 IST Tuesday, 19 May 2015
List of Korean members of India - ROK CEO's Forum
Prime Minister Narendra Modi met the CEOs of some of the top South Korean companies at the Korea-India CEO Forum here, holding a one-on-one session with each one of them.
Some of the CEOs present were Samsung Electronics president Park Sangjin; LG Electronics president Kim Jin-hong; Hyundai Motor Company president Chung Jinhaeng; Hyundai Heavy Industries CEO Choi Gil-sun; Shinhan Bank president Cho Yong-byong; Lotte CEO Kim Yong-su and Korean Air Lines Co. Ltd. president and COO Chi Chang-hoon, among others.
Also read: If Asia must rise as one, Asia should no longer think of itself in regional fragments: PM Modi in Seoul
8:39 IST Tuesday, 19 May 2015
President Park and PM Modi attend First India-ROK CEO's Forum
* India was, and is a land of potential
* Our hardware and our software, your car making skills and our design abilities, your steel making skills and our resources of iron ore, Your ship building capability and our Port led development, your expertise in infra and housing and India's needs can create win win partnership
* Korea ranks only 14th in FDI flows into India. So potential for bilateral cooperation is vast
* I have always been fascinated by Korea. How are country of the size of Gujarat can achieve so much progress
* President Park: Modinomics and Korea's 3.0 economic plan can combine to become central drivers for lifting the global economy.
* President Park proposes strengthened co-operation between India and Korea in manufacturing, creative economy and new energy industries
8:10 IST Tuesday, 19 May 2015
7:55 IST Tuesday, 19 May 2015
PM Modi at Cheonggyecheon Stream
6:50 IST Tuesday, 19 May 2015
6:40 IST Tuesday, 19 May 2015
PM Modi at VI Asian Leaders Conference
* We must work as Asians to reform the global institutions of governance, including the United Nations and its Security Council.
* India seeks an Asia of shared prosperity, where the success of one nation becomes the strength of the other.
* The future I dream for India is the future I seek for our neighbours. Our growth must be more inclusive within and across nations'.
* If Asia must rise as one, Asia should no longer think of itself in regional fragments.
* Reverence for nature is part of our shared heritage. Combating climate change is in our enlightened self interest.
* As some of us in Asia become more prosperous we must be prepared to share our resources and markets with those who need them.
* Growth must be more inclusive within & across nations. This is the obligation of national governments but also a regional responsibility.
* Korea's economic miracle and global leadership in technology has made the promise of the Asian Century more real.
* Asia's re-emergence is the greatest phenomenon of our era. It started in Japan & then extended to China, Korea & Southeast Asian nations
* It is a great honour to share the stage with President Park and Sheikha Mozah.
Updates from Modi's Seoul visit
14:15 IST Monday, 18 May 2015
PM Modi speaks at Joint Press Meet
* The visit to Korea has just begun but it is already very productive.
* We will also establish a channel – Korea Plus – to facilitate their investment and operations in India.
* President Park & I see vast opportunities for Korean companies to participate in our ‘Make in India’ Mission.
* I am pleased that we have agreed to upgrade the bilateral relationship to ‘Special Strategic Partnership
* We consider Korea a crucial partner in India's economic modernisation
* Korea's rapid progress has made the vision of an Asian century stronger
* Korea's economic rise had left me deeply impressed
* I am pleased to visit Republic of Korea in the first year of my Government
* Great pleasure to visit Republic of Korea. I sincerely thank President Park for the warm welcome and hospitality
15:12 IST Monday, 18 May 2015
7 Bilateral Agreements signed in areas ranging from taxation to transport.
12:30 IST Monday, 18 May 2015
PM Modi and President Park Geun-hye meet in Seoul.
12:30 IST Monday, 18 May 2015
Official Welcoming Ceremony in honour of the PM in Seoul at the President's Official Residence, Cheong Wa Dae
10:55 IST Monday, 18 May 2015
PM Narendra Modi addresses Indian Community in Seoul
* Development is not about big roads & buildings. It's about a change in quality of life. For instance,I want every home to have a toilet.
* The path is tough but we have embraced that path. The solution to all problems is development.
* Today people are excited to come to India. This is the mood that has changed. And after all, the people make the Nation.
* In the last one year the world's perception about India has changed. India is being seen as the fastest growing economy of the world.
* I am starting my visit to Korea by meeting all of you.
8:14 IST Monday, 18 May 2015
PM Modi pays his tributes.
7:40 IST Monday, 18 May 2015
To address a community
Modi will address a community reception where about 1,500 members of the Indian community are expected to attend before getting into talks with the Korean President.
To address Korea CEOs Forum
Modi, who is keen to woo Korean investments in India, will address India-Republic of Korea CEOs Forum, which would also be attended by the Korean President.
The Prime Minister will follow this up with meetings with some of the heads of Korean companies that are willing to invest in India or have already invested in India.
Modi will visit Hyundai Heavy Industries
Modi will also visit the Hyundai Heavy Industries shipyard in the backdrop of shipbuilding emerging as an important area of cooperation between the two countries.
Bilateral Trade and Investment
Considerable significance is being attached to this visit, the first state visit to be exchanged between India and South Korea since the change of government in India in May last year.
Bilateral trade is about USD 16 billion and the two sides are keen to see that it goes up substantially. There are 300 Korean companies which have invested about USD 3 billion in India. They employ about 40,000 workers in India.
India's investment in South Korea is close to USD two billion. Indian companies are looking forward to greater access in Korea to pharmaceutical and IT products.
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