S.No.

Agreement/MoU

Remarks

1

Agreement between the Government of the Republic of India and the Government of the Republic of Korea for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income

India-Republic of Korea  Double Taxation Avoidance Convention (signed 1985) has been revised with a view to avoiding the burden of double taxation on taxpayers in the two countries.

2

India-Republic of Korea Agreement on Cooperation in Audio-Visual Co-Production

The Agreement is being signed under the provisions of India-ROK CEPA; it would enable co-production of films, animation and broadcasting programmes. The Agreement would enable opportunities for collaboration between Indian and Korean film industries, and facilitate collaboration and exchange.

3

MOU for Cooperation between the National Security Council Secretariat of the Republic of India and the Office of National Security of the Republic of Korea

The MoU would formalize consultations between National Security Council structures of the two countries in a number of areas.

4

MOU between the Ministry of Power of the Republic of India and the Ministry of Trade, Industry and Energy of the Republic of Korea concerning Cooperation in the field of Electric Power Development and New Energy Industries

The MoU envisages cooperation in areas of electric power development and new energy industries such as renewable energy, smart grids and power information and technology, transmission and distribution of electric power, energy efficiency and storage system.

5

MOU between the Ministry of Youth Affairs and Sports of the Republic of India and the Ministry of Gender Equality and Family of the Republic of Korea on Cooperation in Youth Matters

The MoU will strengthen and encourage cooperation on youth matters through participation in events and activities through exchanges, international conferences, seminars, youth camps, festivals etc.

6

 Framework of Cooperation in the Field of Road Transport and Highways between the Ministry of Road Transport and Highways of the Republic of India and the Ministry of Land, Infrastructure and Transport of the Republic of Korea

To be signed under the provisions of India-ROK CEPA, the FOC envisages cooperation in areas  including  road policies, design and construction, road operation, road management and safety, intelligent transport systems and electronic toll collection systems

7

MOU between the Ministry of Shipping of the Republic of India and the Ministry of Oceans and Fisheries of the Republic of Korea on Cooperation in the Fields of Maritime Transport and Logistics

The MoU envisages cooperation between the two countries in the fields of maritime transport and logistics including through  sharing of technologies, information and experiences, the training of seafarers, exchange of experts and port operations etc

 

 

 

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English translation of India's National Statement at the 21st ASEAN-India Summit delivered by Prime Minister Narendra Modi
October 10, 2024

Your Majesty,

Excellencies,

Thank you all for your valuable insights and suggestions. We are committed to strengthening the Comprehensive Strategic Partnership between India and ASEAN. I am confident that together we will continue to strive for human welfare, regional peace, stability, and prosperity.

We will continue to take steps to enhance not only physical connectivity but also economic, digital, cultural, and spiritual ties.

Friends,

In the context of this year's ASEAN Summit theme, "Enhancing Connectivity and Resilience,” I would like to share a few thoughts.

Today is the tenth day of the tenth month, so I would like to share ten suggestions.

First, to promote tourism between us, we could declare 2025 as the "ASEAN-India Year of Tourism.” For this initiative, India will commit USD 5 million.

Second, to commemorate a decade of India’s Act East Policy, we could organise a variety of events between India and ASEAN countries. By connecting our artists, youth, entrepreneurs, and think tanks etc., we can include initiatives such as a Music Festival, Youth Summit, Hackathon, and Start-up Festival as part of this celebration.

Third, under the "India-ASEAN Science and Technology Fund," we could hold an annual Women Scientists’ Conclave.

Fourth, the number of Masters scholarships for students from ASEAN countries at the newly established Nalanda University will be increased twofold. Additionally, a new scholarship scheme for ASEAN students at India’s agricultural universities will also be launched starting this year.

Fifth, the review of the "ASEAN-India Trade in Goods Agreement” should be completed by 2025. This will strengthen our economic relations and will help in creating a secure, resilient and reliable supply chain.

Sixth, for disaster resilience, USD 5 million will be allocated from the "ASEAN-India Fund." India’s National Disaster Management Authority and the ASEAN Humanitarian Assistance Centre can work together in this area.

Seventh, to ensure Health Resilience, the ASEAN-India Health Ministers Meeting can be institutionalised. Furthermore, we invite two experts from each ASEAN country to attend India’s Annual National Cancer Grid ‘Vishwam Conference.’

Eighth, for digital and cyber resilience, a cyber policy dialogue between India and ASEAN can be institutionalised.

Ninth, to promote a Green Future, I propose organising workshops on green hydrogen involving experts from India and ASEAN countries.

And tenth, for climate resilience, I urge all of you to join our campaign, " Ek Ped Maa Ke Naam” (Plant for Mother).

I am confident that my ten ideas will gain your support. And our teams will collaborate to implement them.

Thank you very much.