India to establish Korea Plus to facilitate investment

New DelhI: India will establish a Korea Plus channel to facilitate South Korean investment and operations in India. Prime Minister Narendra Modi announced after signing seven bilateral agreements with Korean President Park Geun-hye.Stating that the national security councils of the two sides will have regular cooperation, Modi said the two nations have agreed to expand cooperation between their armed forces. The two sides signed seven agreements covering Avoidance of Double Taxation and Prevention of Fiscal Evasion with Respect to Taxes on Income, MoU between National Security Councils of the two countries, MoU on Shipping and Transport.

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