Sunday, September 5, 2010

India and South Korea Sign two Landmark MoUs to Boost Defence Cooperation

Heralding a new chapter in the history of defence cooperation, India and South Korea today signed two landmark Memoranda of Un

Heralding a new chapter in the history of defence cooperation, India and South Korea today signed two landmark Memoranda of Understanding to give a huge boost to the Strategic Partnership between the two countries.
Speaking at the meeting, Mr Antony said  New Delhi will 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 R&D etc.
The talks covered a wide range of security issues- both regional and global.
Maritime Security
- maintaining peace as well as ensuring  safety and security of sea lanes of communication in the region.
-securing vital energy supplies that pass through the Indian Ocean. 
-like- minded countries working in the Gulf of Aden to coordinate efforts and also exchange information on the happenings in the area.
Regional Security Scenario
- have to maintain balance and restraint even in the face of grave challenges to our security. Our intention is to develop friendly and cooperative relations with all our neighbours  
East  Asian Architecture 
-India looks at itself as an integral part of East Asia. India is a founding member of East Asia Summit and as such, looks at the emerging architecture in East Asia as open and inclusive. 
‘That  is why we welcome the decision of ASEAN Foreign Ministers to move towards the inclusion of the United States and Russia as members of the East Asia Summit.

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