CURRENT AFFAIRS

Detailed explanation-1: -Korean President Moon Jae-In’s ‘New Southern Policy’ compliments India’s ‘Act East Policy’ as both seek to strengthen economic relations between the two nations. In 2019, Prime Minister of India inaugurated the ‘India-Korea Startup Hub’ to increase cooperation in fields of research, innovation and entrepreneurship.

Detailed explanation-2: -ROK and India signed a Comprehensive Economic Partnership Agreement (CEPA) in Seoul on 7th August, 2009, heralding a new era of greater economic exchanges, between the two countries. Negotiated over twelve rounds, during more than three years, CEPA came into effect on 1st January 2010.

Detailed explanation-3: -Comprehensive Economic Partnership Agreement (hereinafter referred to as “CEPA”) between. India and Korea in January 2005, and its recommendations, which served as the framework for.

Detailed explanation-4: -The easiest way to invest in the whole South Korean stock market is to invest in a broad market index. This can be done at low cost by using ETFs. On the South Korean stock market you’ll find 3 indices which are tracked by ETFs. Alternatively, you can invest in indices on the Asia-Pacific region and Emerging Markets.