Joining hands with new partner to boost tourism, Cabinet gives a nod to India S Korea MoU
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New Delhi, November 2: India and South Korea has lately being engaged in enhancing and levelling up their bilateral relations. Escalating this relationship, the cabinet on Thursday gave an approval to the signing of a memorandum of understanding (MoU) between India and South Korea for strengthening cooperation in the field of tourism.
The main objectives of the MoU are to expand bilateral cooperation in tourism, including cooperation in data related to tourism, between tourism stakeholders, including hotels and tour operators, to establish exchange programmes for cooperation in human resource development and encourage investment in the tourism and hospitality sectors.
India and South Korea have enjoyed a strong diplomatic and long economic relationship. The two parties are now desiring to strengthen and further develop the established relationship for strengthening cooperation in the field of tourism.
South Korea is one of the leading tourist-generating markets for India from East Asia. The MoU would be instrumental in increasing arrival from this source market.