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Jaitley to address investors during Korea visit

Rs 141.13 cr worth of new Rs 2000, Rs 500 notes seized

New Delhi: Finance Minister Arun Jaitley will address businessmen from leading companies and institutional investors during a two-day visit to South Korea beginning tomorrow.

As part of the visit, industry body Ficci, along with Korea Chamber of Commerce & Industry, is organising a seminar, where Jaitley will address businessmen from leading companies and SMEs as well as corporate and institutional investors.

The seminar will focus on the key achievements of the government and long-term investment opportunities in India.

“Indo-Korean relations have been growing over the past few years and this visit shall further strengthen mutually beneficial trade and investment relations between the two countries,” Ficci said in a statement.

A business delegation led by Ficci Senior Vice President Rashesh Shah is accompanying Jaitley to South Korea.

The delegation will get an opportunity to highlight the progress made across various development programmes and measures taken by the government to steer the economy towards the higher growth path.

It will also highlight the potential areas for further co-operation, especially in areas like manufacturing, ship- building, defence, infrastructure, among others.

“India remains an attractive investment destination in the world. This visit to South Korea will provide a good opportunity for CEOs to talk about the enabling policy environment available for corporates in India as well as to highlight the advantages that India offers to foreign investors,” Shah said.

—PTI