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Meet with Modi will take relations to next level: Moon Jae-in (Lead)
New Delhi, July 9 (IANS) South Korean President Moon Jae-in on Monday expressed the hope that his forthcoming summit here with Prime Minister Narendra Modi will help to take bilateral economic relations to the next level, even as both leaders later jointly launched the world’s largest mobile handset factory by Samsung in Noida.
President Moon, who arrived in the capital on Sunday on his maiden official visit to India leading a 100-member business delegation, will hold official talks with Modi here on Tuesday.
“Our bilateral trade of $20 billion annually, although not insignificant, is falling below our expectations,” Moon said in his address at the India-Korea Business Forum here organised by industry chamber Ficci.
“I hope my summit tomorrow (Tuesday) with Prime Minister Modi will help take our economic relationship to the next level,” he said.
The South Korean President pointed out that improving economic relations with India was a key element of his country’s new Southern policy.
“My new Southern policy is aligned with Modi’s Act East policy. Both the policies will come to completion when prosperity spreads across the Asia,” he said.
“This policy aims to move beyond economic cooperation to building a prosperous people-centric community of peace,” he added.
Noting that there are 500 Korean companies doing business in India, Moon said: “The Indian government is planning to build 100 Smart Cities and construct industrial corridors to link the major cities. It is our wish to participate in these infrastructural projects.”
He said a financing arrangement of $10 billion has been earmarked by the Korean government for infrastructure development in India.
He also said that an MoU on bilateral scientific cooperation is to be signed on Tuesday that will include “industrial technology” in the scope of the agreement.
Moon noted that his Southern policy aims to raise Korea’s relations with India to the level of those with the four major powers around the Korean peninsula.
“Korea is at a historic turning point following the twin summits (on denuclearisation of the Korean peninsula). If we can bring peace in the Peninsula, the business climate will improve,” he said.
In his address, Indian Commerce Minister Suresh Prabhu said that official talks are already underway to improve and upgrade the existing Comprehensive Economic Partnership Agreement (CEPA), or the free trade pact, with South Korea.
Prabhu also said the government is actively pursuing the idea of setting up Special Economic Zones (SEZs) in India exclusively for Korean companies.
Later on Monday, Moon and Modi jointly inaugurated the world’s largest mobile factory spread over 129,000 sq metres in Noida unveiled by the South Korean tech giant Samsung.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.