Indo-Korea Bilateral meeting
A representational picture: The former Speaker and Member of the Republic of Korea, Kim Hyong-O meeting the Union Minister for Labour and Employment, Mallikarjun Kharge, in New Delhi on January 12, 2012.PIB

At a bilateral meeting with the delegates of the Republic of Korea in New Delhi Thursday, India expressed its wish to establish a "long-term cooperative partnership" with that country.

Kim Hyong- O, former speaker and member of the 18th National Assembly of Republic of Korea, led the Korean delegation.  

A statement issued after the meeting said that both countries recognized the importance of developing an open and inclusive Asian regional architecture based on the principles of mutual benefit and shared opportunity.

Speaking to the Korean delegates, Union Labour and Employment Minister Mallikarjun Kharge said, "We need to closely cooperate in East Asia Summit (EAS) and Asia Europe Meeting (ASEM) as well as in World Trade Organization (WTO) and in matters related to Climatic Change, etc".

Expressing the hope of enhanced cooperation between the two countries in future, Kharge said: "The Government of India attaches great importance to skill development and accordingly, a National Skill Development Corporation has been set-up as a non-profit company with an appropriate governance infrastructure."

Reciprocating the sentiments, Kim Hyong-O said that it was due to this cooperation that more than 400 Korean companies had business ties with India.

He expressed Republic of Korea's desire for sharing experience in the field of Research and Development activities.