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An Analysis on India's Foreign Economic Relations and Its Implications for Korea-India Cooperation

Author

Listed:
  • Kim, Jeong Gon

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

  • Han, Hyoungmin

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

  • Keum, Hyeyoon

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

  • Pek, Jonghun

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

Abstract

Economic exchanges between Korea and India have been expanding since the signing of the Korea-India CEPA, which took effect in 2010, and the promotion of the New Southern Policy (NSP) by Korea, but the level of exchange still remains insufficient considering the potential of the two countries. We aim to contribute to deepening Korea-India trade cooperation by analyzing India's foreign trade investment relations. Part II and III examine India's recent trade and investment structure with major countries including Korea, and Part IV analyzes India's status on the global production networks. In conclusion, Part V presents various implications for Korea-India trade cooperation.

Suggested Citation

  • Kim, Jeong Gon & Han, Hyoungmin & Keum, Hyeyoon & Pek, Jonghun, 2022. "An Analysis on India's Foreign Economic Relations and Its Implications for Korea-India Cooperation," World Economy Brief 22-8, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2022_008
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    Keywords

    India; Korea; economic relation; cooperation; CEPA; New Southern Policy; trade; investment;
    All these keywords.

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