Commerce and Industry Ministry launched Korea Plus in association with Korean government
Q. What is the special initiative launched to promote and facilitate Korean investments in India?- Published on 20 Jun 16a. Korea One
b. Korea Business
c. Korea Plus
d. Korea Trade
ANSWER: Korea Plus
Commerce and Industry Minister Smt. Nirmala Sitharaman and Joo Hyunghwan, Minister of Trade, Industry and Energy Government of Republic of Korea launched a special initiative to facilitate Korean investments in India
- It is called Korea Plus
- MoU for the same was signed between Ministry of Trade, Industry and Energy, Govt. of the Republic of Korea and Invest India, the National Investment Promotion & Facilitation Agency of India in January 2016. This MOU came as an outcome of the visit of the Indian Prime Minister to South Korea in May 2015.
- Korea Plus was operationalised on June 18, 2016