Prime Minister Narendra Modi's Three Nation Visit : An analysis
Introduction
In South Korea, the final destination of his three-nation tour, Modi and President Park held discussions and resolved to add "new substance, speed and content" covering defence, trade and investment, and regional cooperation to take the bilateral ties to a qualitatively higher level.
Introduction
Prime Minister Narendra Modi’s three-nation tour to China, Mangolia and South Korea from 14 May to 19 May 2015 was intended to deepen bilateral strategic partnership, augment investment flows into our economy and enhance bilateral scientific and technological cooperation.
The significance of the visit can be well understood by analyzing the initiatives of the Prime Minister in the Strategic/Political and Economic spheres coupled with the domestic economic situation.
The significance of the visit can be well understood by analyzing the initiatives of the Prime Minister in the Strategic/Political and Economic spheres coupled with the domestic economic situation.
Modi began his three-day visit to China from Xi'an, the hometown of Chinese President Xi Jinping with whom he held "very substantive" discussions focussing on strengthening of mutual trust and the boundary issue.
Modi also held talks with his counterpart Li Keqiang and pushed for clarifying the line of actual control (LAC).
Modi then headed to Mongolia for the first ever visit by an Indian Prime Minister to the country.
Modi held wide-ranging discussions with his Mongolian counterpart Chimed Saikhanbileg and the two leaders pledged to take bilateral economic partnership to a new level.
During the visit, India also announced a $1 billion credit line to Mongolia for infrastructure development as the two countries upgraded their ties to "strategic partnership" and agreed to deepen defence cooperation besides exploring potential for tie ups in areas like the civil nuclear sector.
Modi also held talks with his counterpart Li Keqiang and pushed for clarifying the line of actual control (LAC).
Modi then headed to Mongolia for the first ever visit by an Indian Prime Minister to the country.
Modi held wide-ranging discussions with his Mongolian counterpart Chimed Saikhanbileg and the two leaders pledged to take bilateral economic partnership to a new level.
During the visit, India also announced a $1 billion credit line to Mongolia for infrastructure development as the two countries upgraded their ties to "strategic partnership" and agreed to deepen defence cooperation besides exploring potential for tie ups in areas like the civil nuclear sector.
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| Modi in South Korea |
South Korea decided to provide $10 billion to India for infrastructure, development of smart cities, railways, power generation and other diversified areas as the two countries agreed to upgrade their bilateral relationship to a "special strategic partnership".
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