South Korea has decided to provide $10 billion to India for infrastructure, development of smart cities, railways, and power generation. The two countries have also agreed to upgrade their bilateral relationship to a Special Strategic Partnership.
- Both Countries have agreed to increase their defence and security cooperation and have also inked seven agreements, including on avoidance of double taxation and for cooperation between their National Security Councils.
- As part of the Special Strategic Partnership, both countries would hold annual summit meetings; hold annual joint commissions led by their foreign ministers and boost cooperation between their defense education institutions.
- Avoidance of Double Taxation
- Co operation in Audio Visual Co Production
- Co operation in National Security offices of both.
- Co operation in Electric Power Development & New Energy Industries
- Co operation in Youth Matters
- Co operation in Road Transport & Highways
- Co operation in Maritime Transport & Logistics
- Roughly half of the country’s 50 million people reside in the metropolitan area surrounding its capital, the Seoul Capital Area, which is the second largest in the world with over 25 million residents
- PRESIDENT : PARK GEUN HYE
- PM : Vacant
Flag Emblem Motto:
“Benefit Broadly the Human World”
and largest city
Official languages Korean Official scripts Hangul Ethnic groups Korean Demonym
- South Korean
Government Unitary presidential
– President Park Geun-hye – Prime Minister Vacant Legislature National Assembly Formation – Established August 15, 1948 – Current constitution October 29, 1987 Area – Total 100,210 km2 (109th)
38,691 sq mi
– Water (%) 0.3 (301 km2 / 116 mi2) Population – 2014 estimate 51,302,044 (26th) GDP (PPP) 2015 estimate – Total $1.854 trillion (13th) – Per capita $36,601 (29th) GDP (nominal) 2015 estimate – Total $1.435 trillion (11th) – Per capita $28,338 (28th) Gini (2011) 31.1
HDI (2013) 0.891
very high · 15th
Currency South Korean won (₩) (KRW) Time zone Korea Standard Time (UTC+9) Date format
- yyyy년 mm월 dd일
- yyyy/mm/dd (CE)
Drives on the right Calling code +82 ISO 3166 code KR Internet TLD
- War between North and South Korea, in which a United Nations force led by the
- United States of America fought for the South, and
- China fought for the North, which was also assisted by the Soviet Union.
- The war arose from the division of Korea at the end of World War II and from the global tensions of the Cold War that developed immediately afterwards.
Territory often changed hands early in the war, until the front stabilized.
North Korean and Chinese forces
South Korean, American, Commonwealth and United Nations forces
Sources: The Hindu.