WORLD
Defence minister AK Antony and his Korean counterpart Kim Tae-Young signed two memorandums of understandings on sharing of military expertise and technology in Seoul.
India and South Korea today entered into a five-year defence cooperation accord by signing two memorandums of understandings on sharing of military expertise and technology.
Defence minister AK Antony and his Korean counterpart Kim Tae-Young signed the two agreements in Seoul during the former's two-day official visit there.
"Heralding a new chapter in the history of defence cooperation, India and South Korea today signed two landmark Memorandum of Understanding (MOU) to give a huge boost to the Strategic Partnership between the two countries," Defence Ministry spokesperson Sitanshu Kar said in a release from Seoul.
The two MoUs were signed at the end of nearly 90-minute intensive discussions between the delegations of the two countries, he said.
After the signing of the agreements, Antony said New Delhi would be happy to see the defence industry relationship to be "more than a buyer-seller relationship" and its further evolution into Transfer of Technology, joint production and joint Research and Development.
He expressed the hope that his visit would start a new chapter in the already close relationship between the two nations.
Kim, in his address, said the two MoUs would provide a "win-win scenario" for the two countries in a number of areas.
This was the first-ever visit of an India defence minister to South Korea.
Antony is accompanied by a high-level delegation that includes Defence Secretary Pradeep Kumar, Navy vice admiral RK Dhowan, Army lieutenant general KT Parnaik, DRDO's Dr Prahlada and Adviser to Defence Minister Sundaram Krishna.
The first MoU envisaged exchange of defence-related experience and information, mutual exchange and visits by military personnel and experts including civilian staff associated with defence services, military education and training and conduct of military exercises, exchange visits of ships and aircraft, as jointly decided between the two countries, Kar said.
The MoU also provided for cooperation in humanitarian assistance and international peace-keeping activities.
"The MoU will remain valid for a period of five years with provision for its extension by five more years," he said.
The second MoU was signed by the Chief Controller of Research and Development of DRDO Prahlada and Vice Commissioner of Defence Acquisition and Procurement Agency (DAPA) of South Korea Kwon Oh Bong.
To be operational under the overarching umbrella of India-South Korea Defence Agreement, the MoU aimed at identifying futuristic defence technology areas of mutual interest and pursuing Research and Development works in both the countries.
Co-development and co-production of defence products with Indian industry through DRDO by South Korean industry was part of the understanding.
"There will be joint Intellectual Property Rights on all the products developed through this mechanism. Some areas of immediate interest were marine systems, electronics and intelligence systems and these have been identified as priority tasks," Kar said.
Antony and Kim also discussed a wide range of security issues, both regional and global during their talks.
Antony said India and South Korea shared common perception of maintaining peace as well as ensuring safety and security of sea lanes of communication in the region.
He said regular exchanges towards ensuring maritime security was important to both countries, especially in securing vital energy supplies that pass through the Indian Ocean.
"It is of particular importance for like-minded countries working in the Gulf of Aden to coordinate efforts and also exchange information on the happenings in the area. We look forward to continued and enhanced cooperation between the navies of India and South Korea in this regard," he said.
On the regional security scenario in the Indian sub-continent, Antony said, "We live in a troubled neighbourhood. Some call it a fragile region. We have to maintain balance and restraint even in the face of grave challenges to our security."
He said India's intention was to develop friendly and cooperative relations with all our neighbours so that New Delhi can focus on its major development needs.
Antony said India looked at itself as an integral part of East Asia.
Noting that India was a founding member of East Asia Summit and as such, looked at the emerging architecture in East Asia as "open and inclusive," he said that was why India welcomed the decision of ASEAN Foreign Ministers to move towards the inclusion of the United States and Russia as members of the East Asia Summit.
"We look forward to working closely with South Korea in the emerging architecture in this part of the world," he added.
Earlier in the day, Antony, along with the delegation, visited the National Cemetery in Seoul and laid a wreath there, apart from inspecting, amid light drizzle, a colourful inter-services guard of honour presented by the South Korean Armed Forces at the Ministry of Defence headquarters.
Centre revises performance-linked incentive scheme for THESE employees; check details
Manipur violence: Prohibitory orders to be relaxed in Imphal Valley for 7 hours
Jharkhand Exit Poll Results 2024: 36-41 seats predicted for BJP, JMM to secure…
Elon Musk faces big threat after million of users switch from X to Jack Dorsey's Bluesky
ICC Rankings: Hardik Pandya reclaims No. 1 T20I all-rounder spot, Tilak Varma enters top 10
DNA Verified: Is retirement age for central govt employees increasing to 62? Know truth here
Android 16 preview unveiled by Google: Who can access it? Here's all you need to know
Anti-pollution diet: Foods that can help fight air pollution naturally
Tech millionaire Bryan Johnson's face 'blows up' after anti-aging experiment; here’s how
Expanding Horizons: GOCL Corporation’s Strategic Diversification in Electronics and Metal Cladding
TrezarBit App Review 2024: Legit Trading Platform? Quick Facts!
Meet man, lifted bricks 8 hours a day, cracked NEET by studying on broken phone, he scored...
US embassy in Kyiv shuts down after receiving warning of 'potential significant' Russian air attack
Anil Ambani's next BIG step, Reliance Group announces new plan for...
Jaguar reveals new brand logo, identity ahead of EV debut
Playing with Fire: Will Putin risk nuclear Armageddon before Trump takes office?
Gautam Adani's BIG Rs 16877 crore plan to take on Mukesh Ambani, set to build Mumbai's largest...
Ranjit Kumar Gupta: Pioneering communication in a connected world
Meet Mathira Khan, Pakistani influencer whose private video leaked after Minahil Malik, Imsha Rehman
Big move by Paytm, now users can make UPI payments in these foreign countries
'Chernobyl-like scene in Noida': Viral photo shows city's toxic sky
Manipur CM N Biren Singh breaks silence on fresh violence in state: 'Will not rest until...'
'Never going to...': Wipro chairman Rishad Premji says THIS big thing about work-life balance
Sarfaraz Khan's bizarre fielding leaves Virat Kohli, Rishabh Pant in splits, watch viral video
BIG move by Gautam Adani: Adani Group to invest Rs 2953844250000 to set up...
Meet richest footballer of 2024, not Cristiano Ronaldo, Lionel Messi, his net worth is…
Rs 200, Rs 500 in air! Guests climbs JCB to shower Rs 20 lakh at UP wedding procession, WATCH here
Pat Cummins's sarcastic reply to which Indian player can slot into Australia team, says...
Good news for Vaishno Devi pilgrims! New, high-tech service soon, cheaper than helicopter; details
'With Pakistan, the main issue...': India’s Ambassador at United Nations makes BIG statement
MoS Railways' big update on Kashmir to Delhi Vande Bharat Express, says PM Modi will...
How did Navsari's Dastur family get Tata surname? Know story behind Ratan Tata's family name
Upset over Donald Trump's win? You can move to THIS village offering USD 1 homes to Americans
Did Kriti Sanon just confirm her relationship with Kabir Bahia? Actress’ new post has fans convinced
Delhi air pollution: Government orders 50% of its employees to work from home
Shillong Teer Results TODAY November 20, 2024 Live Updates: Check lucky winning numbers
Delhi air pollution: Toxic smog chokes Delhi-NCR; AQI at 422
FPI inflows to bounce back India expected to attract USD 20-25 billion in FY25 Bank of Baroda
When AR Rahman talked about making adjustments after marrying Saira Banu: ‘I lost my…’
Bank Holiday November 2024: All banks to remain closed in THIS state today here's why
Bypolls 2024: 15 seats across Uttar Pradesh, Punjab, Kerala, Uttarakhand to vote today
Donald Trump attends launch of Elon Musk owned SpaceX’s Starship rocket in Texas
IAS officer's wife who 'eloped' with a gangster returns home; what happens next is bone-chilling
BGT: Jasprit Bumrah eyes Kapil Dev's elite record during India vs Australia Test series
Jharkhand Assembly Election 2024: Final phase of voting today, NDA, INDIA to fight for 38 seats
AR Rahman breaks silence on his separation from wife Saira Banu: 'Even the throne of God might...'
Meet India’s youngest female IAS officer, who cracked UPSC exam by self-study at 22, secured AIR...
'Kya baat hai': RJ Lucky mimics celebrities' voices to sing 'Mere Dhola 3.0', internet reacts, WATCH