India South Korea Business and Cultural Council
About South Korea
South Korea, a vibrant nation on the Korean Peninsula, is a remarkable blend of ancient traditions
and cutting-edge technology. Despite its relatively small size, the country has made a significant
global impact, excelling in economics, culture, and technological advancements. Bordered by North
Korea to the north and surrounded by the Yellow Sea and the Sea of Japan, South Korea plays a
crucial role in international affairs and trade.
The country operates under a democratic government with a strong emphasis on economic growth and
social welfare. The presidency symbolizes leadership and vision, guiding South Korea toward
continued progress, while the prime minister and legislative bodies ensure effective governance.
Over the decades, South Korea has transformed from a war-torn nation into one of the world’s most
dynamic economies, often referred to as the "Miracle on the Han River."
Economically, South Korea is a powerhouse, known for its robust industries in electronics,
automobiles, and shipbuilding. Home to global giants like Samsung, Hyundai, and LG, the country has
become a leader in innovation and manufacturing. As a member of economic alliances like the
Asia-Pacific Economic Cooperation (APEC) and the Organization for Economic Cooperation and
Development (OECD), South Korea actively contributes to global economic stability and growth.
Culturally, South Korea is a global trendsetter. The influence of K-pop, K-dramas, and Korean cinema
has captivated audiences worldwide, earning the country immense soft power. Artists like BTS and
filmmakers like Bong Joon-ho have placed Korean entertainment at the forefront of global pop
culture. Beyond entertainment, South Korea boasts a rich history, with UNESCO-listed heritage sites,
traditional hanbok attire, and renowned culinary delights like kimchi and bibimbap.
Looking ahead, South Korea embraces the future with optimism, leveraging its technological
expertise, cultural influence, and commitment to sustainability. With resilience and innovation at
its core, the nation continues to shine on the global stage, fostering progress, cooperation, and
unity.
Objectives
Business Council
To promote bilateral trade between India and South Korea To boost businesses of all the sectors, particularly MSMEs, and create business opportunities To promote businesses of all sizes across the two countries Establish business to business and people to people contact Create tie-ups amongst chambers of commerce and have businesspeople as part of this council.
Cultural Council
To promote cultures and exchange ideas and values through this council Facilitate cultural exchanges in the form of music, dance, history, artifacts, exhibitions, expos and even through online mediums Create opportunities for student exchanges, training and courses to promote cultural relations between India and South Korea To promote artists through shows, exhibitions, etc. either in person or through online mediums.