- South Korea is a manufacturing powerhouse and has a working democracy.
- India has an advanced IT expertise and large number of English speaking population
- India has a large population base and needs everything .
- South Korea and India both have good relations with US.
- China has replaced US as number one trading partner with both nations.
- Total world wide trade is improving.Most nations will have to bring their trade in balance to maintain the development.Protectionism is not the solution.
- More world trade between all nations is good for development.
Friday, August 7, 2009
India is maturing as a trading nation
India and South Korea has signed a freer trade (Comprehensive Economic Partnership)agreement. I do not know all the details.My first observations are
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