ICCK

On 6th March 2024, ICCK in collaboration with the Embassy of India in Seoul, was able to hold an exclusive interactive session with the External Affairs Minister of India Dr. S. Jaishankar during his visit to the Republic of Korea (March 05-06 2024).

Dr. S. Jaishankar is a diplomat turned external affairs minister of India with more than 38 years of experience in diplomatic career that includes being ambassador to the countries of Czech Republic, China and the US, where he also played a key role in negotiating the Indo-US civilian nuclear agreement.

On Wednesday March 6th, Dr. S. Jaishankar along with the delegation team from India, held a meeting with ICCK Chairman Mr. Anil Sinha and other ICCK governors. The meeting started off as Mr. Sinha, the ICCK chairman, introduced the organization and briefly talked about the functions of ICCK to the EAM Minister and the delegates. The ICCK governors then also had the opportunity to have a conversation with Dr. S. Jaishankar while they introduced themselves.

Dr. S. Jaishankar mentioned all the potential he sees in the business between India and Korea, as there has been a surge seen in interest of Korean companies towards the Indian market. This is due to the ever so booming economy of India along with a lot of potential yet to be discovered by the foreign companies. “Relationships get built brick by brick”, Dr. S. Jaishankar mentioned while he talked about the synergy between the two countries and what more can be done as there are new industrial sectors budding in India, open to foreign companies for their endeavors. Dr. S. Jaishankar also urged ICCK to support them in strengthening the business bridge between India and South Korea.

The delegation from India also interacted with the ICCK governors in which they asked the ICCK to support them in promotion of setting up manufacturing plants for sectors like semiconductor and display screen so that the Indian government can build an ecosystem for these industries. The delegation also talked intensively about the incentives that are being provided by the Indian government at different levels for setting up manufacturing plants through initiatives like PLI incentive schemes and many others. The meeting concluded with focusing on MSMEs and on how to attract them to India.