April 16, 2026 01:29 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
‘We are surprised’: SC stays Pawan Khera’s bail over remarks on Himanta Biswa Sarma’s wife | Historic shift: Bihar gets first BJP CM as Samrat Choudhary takes oath | 'ECI deviated from Bihar procedure': Supreme Court raises concerns over voter deletion in Bengal SIR | Noida workers’ protest turns violent: Stones pelted, vehicles damaged over wage hike demand | Oil prices jump above $103 a barrel as US moves to block Iran-linked shipping | I don’t care if they come back or not, says Trump after Iran talks collapse | Legendary singer Asha Bhosle suffers cardiac arrest, hospitalised | Big boost to India–Mauritius ties: S. Jaishankar hands over 90 e-buses | Middle East tension: Iranian delegation arrives in Islamabad for major talks, 10,000 security personnel deployed | Ranveer Singh visits RSS HQ amid Dhurandhar 2 success, triggers speculation

ICC signs MoU with Anyang Chamber Of Commerce

| | Mar 31, 2017, at 02:45 am
Kolkata, Mar 30 (IBNS): In the Anyang City and New Town City Co-operation Seminar in Kolkata on Thursday, a Memorandum of Understanding (MoU) was signed between the Indian Chamber of Commerce and Anyang Chamber of Commerce & Industry, South Korea.

The aim is to promote, strengthen and develop trade, investment as well as economic, scientific and technological collaboration between the two cities.

Phil Woon Lee, Honorable Mayor, Anyang City stated that the similarities between Kolkata and Anyang are striking and give both the cities immense opportunities to collaborate and move to a path of strong trade ties. Anyang city has witnessed growth in every domain and Kolkata can utilize this to develop close trade and investment conglomeration going ahead. This would not only drive economic growth for the two cities but also development of the two nations at large.

He felt that the Memorandum of Understanding (MoU) between the Indian Chamber of Commerce (ICC) and Anyang Chamber of Commerce and Industry will be the platform for achieving this goal.

Dae Young Lee, Chairman, Anyang City Council felt that Kolkata’s potential in various sectors like IT, Telecom etc. has driven its economic growth.

The MoU will serve as the platform for business relation between two cities and will also boost exports for tapping the global market. Additionally, it would serve as the platform for exchange of knowledge and expertise between the two nations which will likely lead to better economic integration.

Sang Ho Lee, Chairman, Anyang Chamber of Commerce and Industries stated that India’s economy has developed rapidly and drawn worldwide attention.

He felt that India has the potential to exceed to other superpowers and Kolkata will play a key role in this regard. Over the last two years, a strategic partnership has evolved between Korea and Kolkata, and both have a long way to go. According to him, the MoU will harness the distinctive characteristics of the two cities that will lead to technological, trade and economic growth. It would lead to the development of a local economy between the two cities and rapid economic growth of the two nations.

Sanjay Budhia, Past President, ICC & Managing Director, Patton International Ltd. stated that Kolkata, West Bengal is the gateway to the North-Eastern part of India and plays a significant role in the GOI’s Act East Policy. The city is endowed with significant opportunities for trade and investment. Anyang and Kolkata collaboration can benefit both the cities in terms of establishing a strong relation in areas of Agro-processing, IT, plastics etc. In this regard, the Indian Chamber of Commerce can play a significant role by extending its support to South Korea in forging such partnership between both the cities.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm