Korea Plus; India - South Korea
Q. Which of the following are representatives present in Korea Plus?
1) Representatives from Government of the Republic of Korea
2) Representatives from KOTRA
3) Representatives from Ministry of Industry, Trade and Energy- Published on 21 Jun 16a. 1, 3
b. 2, 3
c. 1, 3
d. All of the above
ANSWER: All of the above
- Korea Plus is a special initiative to promote and facilitate Korean Investments in India.
- Korea Plus, operationalized on June 18, 2016 comprises of a representative from the Ministry of Industry, Trade and Energy, Government of the Republic of Korea and representative from Korea Trade Investment and Promotion Agency (KOTRA) and three representatives from Invest India.
- The mandate of Korea Plus covers the entire investment spectrum including supporting Korean enterprises entering the Indian market for the first time, looking into issues faced by Korean companies doing business in India and policy advocacy to the Indian Government on their behalf.
- Korea Plus will act as a mediator in arranging meetings, assisting in public relations and research/evaluation and provide information and counselling in regard to Korean companies’ investing in India.
