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Dr. Jae Kyu Park Is SPECIAL ISSUE PEACE BUILDING India-Korea ON THE KOREAN Growing Relations: PENINSULA: Institutionalization Present & Future A Bigger Role of India-Korea Ties for India? ASIA-PACIFIC www.bIztEChrEPort.Com Vol. 4, No. 2, 2012 REPORT Growing India-Korea Cooperation in Nuclear INDIA-KOREA Energy Sector taking a Closer Look at India- Glorious Past, Bright Future Korea Defense Cooperation Understanding Future of India-Korea trade After CEPA India-Korea Collaborative Activities in Nanotechnology Potential of health and medical Cooperation between India and South Korea Education: Key Sector of mutual Growth in Korea and India Korea and India to Strengthen the Non-conventional Energy Sector Cooperation New thinking for reducing the risk of Investment in India India and Korea travel and tourism ties to Strengthen Further ISSN 2092-7738 W9,900 | £6.00 | €8.00 `40 | US$8.00 | CN$8.00 230X280.indd 2 2011.9.20 10:16:25 AM Cover STorY Contents India-Korea Relations; vol. 4, no. 2, 2012 Present and Future Page 8 Dr. Jae Kyu Park, President of Kyungnam University ...Page 11 Yeo-Song Park, Director of the Indian Art museum .......Page 26 34 why Korea and India Should move DIPLOmACY towards medical and health Care Co-operation 15 India-Korea: BY kim CHeol Ho In Search of regional Prosperity 35 mutual benefits oft raditional medicine BY rAJiv kumAr Policy in Korea and India for Achieving 16 Growing Institutionalization of health mDG India-Korea ties BY r.B.SingH & niTu goswami BY lAkHvinDer SingH 36 Potential of health and medical Cooperation between India and South Korea BUSINESS BY Amitabh ArYA 17 New thinking for reducing the risk of Investment in India SCIENCE & TECHNOLOGY BY BongHoon kim 18 Understanding Future of the India-Korea 38 Indo-Korea Collaborative Activities in Free trade Agreement under CEPA Nanotechnology for Energy BY AnurADHA SHuklA BY SivArAm Arepalli 19 Growing Korean Investment in India 40 India-Korea Science and technology Creating Sub-regional hubs Cooperation Publisher: mr. lee Deuk Ho BY kim CHeol Ho BY SHAmilA JAnAkirAmAn Editor-in-Chief: mr. lee Deuk Ho 20 Ssangyong motors Advances on top of Six Strategy Pillars ENERGY BY MattheW WeigAnD Published by: Asia-Pacific Business 21 Korea-India trade and Investment & Technology report Co. 41 Nuclear Energy Cooperation between India Leaps Ahead and Korea – Vital Energy Alternatives registration date: 2009.09.03 BY Don kirk Driving Growth registration number: 서올중. 라00307 22 why is Indian Investment in Korea BY viBHu SAxenA Price: `40, W9,900, US$8.00, CN$8.00, on the rise? 42 Potential of India–South Korea Nuclear £6.00, €8.00 BY AnurADHA SHuklA Energy Cooperation 23 Growing Korean Companies in India and BY Jennifer CHAng Annual subscription fee: W62,000/ Indian Companies in South Korea uS$62 43 Korea and India to Strengthen the BY AnSHu SHrivASTAvA Non-Conventional Energy Sector 24 Evaluation of the Economic trade BY Jeon-Dong Hee Advantages between India and Korea 44 Nuclear Energy: managing Editor: BY CHung-Yeon CHo India & South Korea Cooperation Dr. lAkHvinDer SingH 25 India-Korea business ties after CEPA BY AnSHu SHrivASTAvA Senior Editorial Advisor: BY AmAnda min CHung HAn mr. CHung-Yeon CHo EDUCATION Chief Business Development Officer: DEFENSE & strategy mr. kim CHeol Ho 45 Education: Key Sector of mutual Growth in 27 why India-Korea Strategic Cooperation is Korea and India Critical to the region BY YASHikA DHingrA Editorial Advisory Board: BY AnurAg SHuklA 46 human resources Development mr. SureSH P PrABHu 28 taking a Closer Look at India-Korea Co-operation – regional Perceptions Former Union Cabinet Minister for Power, Defense Cooperation BY reenA SAxenA Government of India BY AnurADHA SHuklA 47 research Cooperation between Indian 29 India Forges better ties with East Asia Korean Institutes of higher Learning Mr. N K Goyal BY rASHmi gupta BY CHung-Yeon CHo President, Communications & Manufacturing 30 India-Korea Strategic relations Association of India, CMAI BY Tim Yung min SCHroeTer travel Dr. mezyad AlTerkawi 32 military and Strategic Aspects for Associate Professor, King Saud University Korea-India relations 48 India and Korea travel and tourism ties BY niCHolAS HAmiSeviCz Strengthen Further Dr. emAnuel Yi PASTreiCH BY Jeon-Dong Hee Director, The Asia Institute health mr. JungSoo JAng mEmORY LANE President, Korea Future Institute 33 India-Korea Cooperation on Green mr. miCHAel Breen technology for Sustainable health 50 when Chai Came to the Land of the Insight Communications Consultants and well-being morning Calm BY mAnJu SingH AnD r.B. SingH BY viCTor fiC Dr. DonAlD kirk Author and Journalist Dr. evA Latham FOR ADVERTISEmENTS AND OTHER BUSINESS Corporate Social Responsibility Expert ENqUIRIES PLEASE contact: To contact Asia Pacific Business and Technology report for 302, 10-9 myeongneon Dong 1 ga advertising, submissions, subscriptions or general comments please email to [email protected] Chongru-ku The views and opinions expressed in the articles are those of the Seoul, South korea authors and do not in any way reflect the editorial policy of Asia Pacific Business and Technology Report Phone: 822-766-8230 vol. 4, no. 1, 2012 email: [email protected] PrinTeD in SouTH koreA CoVEr StorY INDIA-KOREA Glorious Past Bright Future India-Korea Relations; Present and Future BY VISHNU PRAKASH* ’ve long been fascinated by South Korea, especially since the 1997 Asian Financial Crisis, when I I learned that it was the first OECD country to bounce back stronger than ever. And one of the reasons why it did so was, of course, its people. Korean people, women in particular, voluntarily donated their gold and jewelry to help get the nation back on its feet. I’d never even imagined seeing such a thing. We indians are one of the largest im- We are in a period of unprecedented The Prime minister of india paid an of- porters of gold in the world. Some 1000 change in all the regions of Asia. The global ficial visit to Southk orea last month. Before tons are imported each year. indians love standing of both korea and india has been coming here, he gave an interview to the gold. in india we have a joke – a wife will steadily rising in the political, economic, managing editor of the JoongAng ilbo, who say, “Please, take away my husband but and cultural spheres. We are both ancient had travelled to new Delhi for the purpose. don’t take away my gold.” i’d already re- civilizations. As i read korean history, i of- The Pm likened india, a large country of 1.2 alized that there was something special ten note that there are quite a few parallels billion people, to an elephant, which may about this country of korea. But in the af- between us, cultural, political and econom- be slow to move, but when it starts it cannot termath of the imf crisis, that’s when my ic. Both korea and india have similarities of be stopped. fascination with and admiration for it in- outlook and have seen significant changes. But even though india is an elephant to creased further. Since i’ve arrived here, i’ve korea’s per capita income in 1962 was half korea’s tiger, there are many similarities learned that the mantra for everything is of ours but now is about 10 times more. ko- between us. The two countries have both ‘bbali bballi’, or hurry-hurry. it clearly has rea as a nation has done remarkably well, overcome great challenges in similar ways. something to do with the speed at which and i can say, as an indian person, that as Back in the 50s, india had a ‘ship-to-mouth’ this country has transformed itself. your friends, we are happy for you. existence. if a food shipment didn’t come in That both countries are flourishing democracies makes our relationship people-driven. There is complete consensus across the political spectrum in india to have the closest of relations with korea, which is being built on the foundation of a strategic partnership… Mr. Vishnu Prakash with President Mr. Lee Myung-bak and Minister of Foreign Affairs & Trade Kim Sung-Hwan at Blue House on March 19, 2012. © embassy of india, Seoul 8 www.biztechreport.com INDIA-KOREA CoVEr StorY Glorious Past Bright Future © pib.nic.in (Above) Mr. Vishnu Prakash introducing Korean dignitaries to Prime Minister, Dr. Manmohan Singh during his recent visit to Seoul on March 25, 2012. time there would inevitably be a food crisis. Some aspects of the korean model are percent of market share for consumer du- now we are a net exporter of food, but we worth emulating. The country spends 9 rables like air conditioners, Tv, washing have certainly seen hardship. We, i think, percent of its gDP on education. like in machines, refrigerators is also with korean can look back with satisfaction at what we korea a primacy is given to education in companies like Samsung, lg and Hyundai. managed to achieve, especially in empower- india. india’s first Prime minister said that india exports a number of products like ing the masses. educational institutions need to be the new chemicals, yarn, jewelry and raw materials india is still a developing country. We temples of india. following his ideals, we to korea, including bauxite and iron ore. have about 300 million poor people, but have set up many institutions of excellence There is as yet so much more we can do the percentage of poverty is coming down. throughout the nation. our schools have together. The quality of life of the average indian is good reputation in providing quality educa- indian multinational corporations now improving. We have a very young popula- tion in management, information technol- have a global presence.
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