Celebrating India's Republic Day – of Growth and Global ties
May 26, 2010

The world’s largest democracy came into being this day, 60 years ago. India became a sovereign, democratic, tadalafilonlineoffer.com/reviews/ republic by adopting the constitution and forming a nation that decades later is still proud of her democratic rights.

A relatively young nation, India has gradually risen to occupy a prominent place on the global high table today. Along with China which too, last October celebrated 60 years of the founding of the People’s Republic, the two nations are well-recognized as the worlds largest and fastest growing countries.

To commemorate Republic Day, a grand parade stretching from Rashtrapati Bhavan the presidential palace to India Gate displayed the best of India’s security forces, culture and traditions. Representing south-east Asia’s increasing interest in India, South Korean President Lee Myung-bak was the Chief Guest of the event.

“It feels great to be here in India. I have high hopes for our bilateral relationship not only in economic matters but expanding our cultural ties; political and social ties as well in science and technology and education. So, I believe we are entering a very great new era for our future together, going together for Korea and India,” Mr. Myung-bak told reporters on his arrival in India on Saturday.

South Korea is one of India’s major investment partners. There are about 300 Korean companies in India including global majors like Hyundai, LG and Samsung. Bilateral trade between India and South Korea was close to US$16 billion in 2008 a rise of 22 percent. The countries have set a target of US$10 billion for 2010.

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