SHIVAJI UNIVERSITY,KOLHAPUR

DEPARTMENT OF ECONOMICS (AUTONOMOUS)

M.Phil./Ph.D. Course Work

Name of Research Student : YADAV RUTUJA TANAJIRAO

SUBJECT – INTERNATIONAL TRADE AND FINANCE
TITLE OF PRESENTATION –
REVIEW OF LITERATURE
ROLL NO - 48
Review of Literature South Koreas new approach to india Rajiv Kumar
(2018)
This article explains various opportunities, barriers and growth between
India and South Korea. Also according to author he found that South
Korea is one of the country which developed in just few
generations .Apart from that South Korea is planning to invest and
operate more and more companies in India .Moreover, he also explained
during Moon Jae’s administration he has propounded many agreements.
He also signed various types of MoUs to make ties between India and
South Korea . Furthermore ,Moon and Narendra Modi propounded
more policies for the various purposes as security , exchange of culture
and education awareness also trade policies for expansion
Apart from that , According to author the main objective of Korean trade
policy has always been to promote structural reform and efficiency expansion ,
business and financial hub are the main priorities for expansion across asia.
However, author found that China has highest investment rate with South
Korea but political risks and other reasons South Korea moving towards India
rather than making huge investment with China because China rise as an
economic power is threat to it rather than an opportunity. India and South
Korea took decision to allows both countries big scale ,small scale business
and investment to operate each others market with the help of various
flagships. Moreover, he explained he found that two countries are now
working towards a new diplomatic mechanism in 2+2 format also South Korea
set up a special team tasked to deal with various responsibilities . However
according to author both countries have foster peace and stability expectation
and more cooperation. Also policies are playing vital role while trading and he
explained the importance of policies for awareness and for avoide obstacles.
THANK YOU !!!