2019
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Question
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5
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3
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4
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2
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Detailed explanation-1: -India, South Korea sign 6 pacts; to step-up cooperation in infrastructure, combating global crime - India Today.
Detailed explanation-2: -Also read. The agreement in this regard is being signed under the provisions of India-South Korea Comprehensive Economic Partnership Agreement (CEPA) and would enable co-production of films, animation and broadcasting programmes.
Detailed explanation-3: -Since then, several trade agreements have been reached: Agreement on Trade Promotion and Economic and Technological Co-operation in 1974; Agreement on Co-operation in Science & Technology in 1976; Convention on Double Taxation Avoidance in 1985; and Bilateral Investment Promotion/Protection Agreement in 1996.
Detailed explanation-4: -India has signed CEPAs with South Korea and Japan. In 2021, India and the United Arab Emirates (UAE) formally launched negotiations on the India-UAE CEPA.
Detailed explanation-5: -Bilateral ties between the two countries were raised to ‘Strategic Partnership’ during the visit of President of ROK Mr Lee Myung-bak in January 2010 and further elevated to “Special Strategic Partnership” during the reciprocal visit of PM Narendra Modi to ROK in 2015.