The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved signing of a Memorandum of Understanding (MoU) between India and Korea for strengthening cooperation in the field of Tourism. The main objectives of the MoU are: to expand bilateral cooperation in tourism sector, to increase exchange of information and data related to tourism and to encourage cooperation between tourism stakeholders including hotels and tour operators. Moreover, both countries will also establish exchange programmes for cooperation in Human Resources Development as well as to encourage Investment in the tourism and hospitality sectors apart from facilitating visits of tour operators, media and opinion makers from both sides.
India and Korea have enjoyed a strong diplomatic and long economic relationship. The two parties now desiring to strengthen and further develop the established relationship for strengthening cooperation in the field of tourism.
Korea is one of the leading tourist generating markets for India from East Asia. Signing of the MoU with Korea will be instrumental in increasing arrival from this source market.