South Korea’s Blue House eyes boost in economic ties with India, Singapore ahead of state visit

The nation’s top office unveiled President
Moon Jae-in’s itinerary for state visits to India and Singapore which begins this weekend. A boost in economic ties appears to be a key
agenda. Our chief Cheongwadae correspondent Moon Connyoung
reports The South Korean president’s back-to-back state visits to India and Singapore that begins
this weekend – India, his first to the South Asian region since taking office in May 2017
and Singapore, the first state visit by a South Korean president in 15 years – will
focus on further expanding the nation’s export market and diversifying its diplomatic horizon. “India and Singapore are nations where South
Korean firms already hold considerable foothold in areas such as trade, investment and infrastructure
building. We expect this visit to serve as an opportunity
to discover and drive forward specific cooperation projects that produce practical outcome which
could be felt by both peoples.” And, that goal is highlighted throughout President
Moon’s itinerary in New Delhi and Singapore. Key events of the South Korean president’s
four-day state visit in India are packed in two days… with his second day to be highlighted
by a business forum of two sides and President Moon’s visit to inaugurate a new Samsung smartphone
unit in Noida, India. His third day in the world’s fastest growing
economy will feature a bilateral summit with Indian Prime Minister Narendra Modi, a CEO
roundtable, and signing of a handful of MOUs over a wide range of industries. The latter half of his six-day South Asia
tour will take President Moon to South Korea’s second biggest trading partner among the ASEAN:
Singapore. Dotted by events that make up a state visit
that include a bilateral with the Prime Minister of
Singapore Lee Hsien Loong, signing of MOUs that range from biotech to fintech… but
the highlight of President Moon’s Singapore visit will come on the final day of his visit. Dubbed the Singapore Lecture, President Moon
will address some four hundred leaders from Singapore’s politics, business, government,
academia and media and explain his vision and policy for the denuclearization of the
Korean Peninsula and the establishment of permanent peace, as well as his New Southern
Policy that seeks to upgrade his country’s cooperation with the ASEAN. The South Korean president’s state visits
to the two countries also come at a time when the geopolitical landscape of Northeast Asia
is evolving on shifting dynamics on the Korean Peninsula. This along with the infinite market potential
of India and Singapore is why President Moon Jae-in and his team are embarking on this
overseas trip with more anticipation and an outlook for the future. Moon Connyoung, Arirang News, the Blue House.”

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