India’s defense ministry said in a tweet that visiting defense minister Suh Wook inaugurated an Indo-Korean friendship park in the Indian capital, Delhi commemorating the contribution of Indian peacekeepers during the Korean War in 1950s.
RM Sh. @rajnathsingh and Korean Minister of National Defence, Mr. Suh Wook at the inauguration of the Indo-Korean B… https://t.co/JlEsA0eLOy
— रक्षा मंत्री कार्यालय/ RMO India (@DefenceMinIndia) 1616734255000
Indian media reports say both countries have been in discussions for military platforms and weapons, especially naval shipbuilding. Korean companies are keen to build minesweepers in the country and supply a self-propelled anti-aircraft defense system to the Indian military. Raj Kumar, an Indian defense ministry official, said all major Korean defense and shipbuilding companies have shown interest in India’s defense acquisition program.
He said that India has opened up the foreign direct investment (FDI) in the defense sector up to 74% from earlier 49%. “I would invite the Korean defense industry to take advantage of these investor-friendly initiatives,” he added.
The South Korean defense minister told Indian business leaders that the two countries have agreed to scale up cooperation in commerce as well as the defense sector. “The government and companies are proactively looking at defense cooperation.”
Both countries have a logistics agreement helping the Indian navy while operating in the Indo-Pacific region.
The South Korean minister ends his three-day visit on Saturday in the city of Agra to meet personnel of India’s 60 Para Field Hospital, which provided medical aid to UN and South Korean personnel during the Korean War.
More Stories
Eritrea Agrees to Withdraw Troops from Tigray, Ethiopia Says
Janice McLaughlin, Nun Who Exposed Abuse in Africa, Dies at 79
Four people killed in Bangladesh during protests against visit of PM Modi: Police official – Times of India