Latest news with #India–MiddleEast
Al Etihad
04-07-2025
- Business
- Al Etihad
TRENDS participates in seminar on Korea's Middle East policy
4 July 2025 11:49 ABU DHABI (ALETIHAD)A policy seminar held at the Republic of Korea's National Assembly called for a pragmatic foreign policy toward the Middle East based on Korea's national interests and responsive to the region's rapid high-level seminar took place in Meeting Room 5 of the National Assembly Members' Office Building, organised with the support of TRENDS Korea Office in Seoul, in cooperation with Representative Hong Ki-won, the Korea–Arab Society, and the Centre for the Middle East and Islamic Studies at the Asiatic Research Institute, Korea in the seminar — The Middle East Policy Direction of the Lee Administration — stressed the need to shift from the traditional view of the region as merely a source of energy or a market, toward a strategic partnership built on mutual understanding and shared his opening remarks, Kim Chang-mo, Secretary-General of the Korea–Arab Society, noted that the complexities of the regional landscape require Korea to pursue a balanced diplomatic approach that reflects its growing global statureRepresentative Hong Ki-won emphasised that while the Middle East has always been important, it has not received the attention it deserves in Korean policy. He added that this seminar provides an opportunity to reassess this approach, especially at the start of President Lee's Jin-han, Director of the Asiatic Research Institute, highlighted the importance of launching urgent intellectual initiatives to keep pace with emerging challenges in the Middle East and to assist policymakers in shaping more effective his keynote address, former ambassador Yoon Kang-hyun described the Middle East as a vital hub linking three continents, with significant executive and economic potential. He called for independent diplomacy toward each subregion, moving beyond formal agreements toward genuine cooperation, appointing special envoys to priority areas, and enhancing people-to-people and cultural the economic front, Dr. Lee Kwan-hyung, Senior Research Fellow at Korea Institute for International Economic Policy (KIEP), stressed the need to reduce reliance on the energy sector. He proposed expanding cooperation into new sectors, accelerating the ratification of the Free Trade Agreement with the Gulf Cooperation Council, supporting Korea's involvement in the India–Middle East–Europe Economic Corridor (IMEC), and advocating for a Korea–Middle East discussions featured several ambassadors and experts, including Ma Young-sam, former ambassador to Israel; Park Jong-young, former ambassador to Saudi Arabia; Kim Duk-il, Director of the Political Economy Department at Korea University; and Kim Jong-doo (Musa), Director of TRENDS Korea Office. The seminar concluded with several key recommendations, including strengthening official development assistance (ODA) programmes, developing trust-based diplomacy, and establishing a dedicated research institute focused on Middle East affairs from a long-term strategic perspective.
Time of India
04-06-2025
- Business
- Time of India
Piyush Goyal meets Italian business leaders in Milan, to co-chair meeting with Italy's Deputy PM
Milan: India and Italy will assess the progress and identify new avenues for collaboration in high-impact areas such as the India–Middle East–Europe Economic Corridor (IMEC), the government said Wednesday. Industry 4.0, agritech, digitalization, energy transition and sustainable mobility , are the other areas where the two sides will focus. The issues will be discussed during commerce and industry minister Piyush Goyal 's two-day visit to Italy on June 4-5. 'These deliberations are expected to further strengthen bilateral economic connectivity and foster strategic industrial partnerships,' the ministry said. The minister met President of UFI Filters Spa Giorgio Girondi, CEO of Toschi Vignola Srl Stefano Toschi, CEO of EPTA Refrigeration Marco Nocivelli, Chairman of the Carraro Group Enrico Carraro, Managing Director of the SOL Group Daniele Forni, CEO of the Poggipolini Spa Michele Poggipolini, and CEO of iMoon lightning Srl Laura Tarquinio. On Thursday, Goyal will co-chair the 22nd Session of the India-Italy Joint Commission for Economic Cooperation (JCEC) with Italy's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Antonio Tajani. 'The session is aimed at assessing progress and identifying new avenues for collaboration in high-impact areas in agri-tech, digitalization, energy transition, sustainable mobility, and the India-Middle East-Europe Economic Corridor,' the ministry added. The two sides had launched the India-Italy Joint Strategic Action Plan, which is built on ten thematic pillars, with economic cooperation forming a core area of focus. Goyal will also lead a high-level Indian business delegation to the India–Italy Growth Forum in the industrial area of Brescia, which aims to bring together key enterprises and stakeholders from both countries to promote investment, build business-to-business linkages, and explore synergies in sectors aligned with innovation and sustainability.
