Necessary measures to nurture a favorable Business Environment for investors in both countries. The stores in more than five times. I walk into primetime years its third state to endure a sixteen year in korea one from so i need to pay them come and pay so much for joining us. We begin in new delhi where present back in a health of bilateral summit with their Indian CounterpartManmohan Singh on the stairs to the two leaders agreed to upgrade their free trade pact as early as possible and take necessary measures to nurture a favorable Business Environment for investors in both countries the president ial Office Correspondence us and she was traveling with the president sends us this report president next visit in dna sampling it now for korean firms to more easily and treat the worlds second largest market by population one of the best notable accomplishments of the seven talks between president pack and indian Prime MinisterManmohan Singh on thursday the two leaders decided to quickly at grade three and andy a comprehensive Economic Partnership agreement or steep path so that it covers not only kids but also investments and service centers. The chief entries will be holding ministerial level talks on the matter in march the leaders also agreed to revise the tax treaty between the two nations reduce the tax burden on three abn eighty eight entities operating in each others countries and to prevent double taxation president that is also saw an expansion of Financial Support for korean firms willing to take part in Infrastructure Projects in india. Part of its five Year Development plan. And i use happened inside that we koreas accent and any indian financial institutions. Pasco stalled project to build a steel mill and indian state of the deed share looks like its finally back on track president thats three provinces from that and didnt care for bench press alt the obstacles that have been blocking progress for roughly nine years now the korean steel giant was granted an environmental clearance for the twenty seven hundred e curse of land required for the project. It also secured a promise from the anti shia State Government to grant pasco up respecting license for an iron ore mines and three hundred km from the steel now on friday chris is back but said that thats their fat based on cooperation in the center of the great economy and beat with a new Business Leaders to call for further investment in korea all it into a gang is new delhi. And we move on to two starkly different messages that are hung them in as many dates on wednesday the regime threatened to start a nuclear war on the Korean Peninsula but on this thursday proposed easing inner frame tensions starting with the upcoming Lunar New Year holiday i can and then reports instead of issuing yet another blanket threat against was after we ate us military drills. I chose a different tack on thursday. A proposed upholstery and stop the dx is back to stoke tensions on the peninsula. Starting january thirtieth. North koreas National Defense commission made a proposal to the Korean Central News Agency on thursday the statement said that both koreas should begin reducing tensions started with the Lunar New Year holiday especially surrounded bob or islands in the wet see the Commission Also said it will be open to hold him for unions for families separated during the korean war. It was all the other matters of contention the antonia south korea against what military exercises with the United States are scheduled to begin late next month. Thursdays appeal stances stark contrast to comments out of hong yao on wednesday. When the regime threatened to attack the soft chewy key result for the liberals began. To me that this inter korean ties will plunge into a deadlock and an unimaginable holocaust and disaster will follow should south korea and the United States go ahead with their Nuclear War Drills and military provocations. So lancer with this all comments on thursday. We will star in the retaliate against north korea as the north carries out military provocations the shed to be a response from seoul to come yes latest proposal. Speaking to reporters on thursday Defense Ministry spokesman kim insight said that he was up to us drills will go on as planned. It really fit to be an april. Tina been added and its. The press set to launch a taskforce to boost Economic Cooperation with north korea and russia as part of present box your ration initiative policy seouls Foreign Ministry says the taskforce will want the silliness that vary with about five govern officials reviewing various joint economic projects among the three nations including construction of railways roads and pipelines that could intentionally run for it to korea and russia he added the three way cooperation could help encourage reclusive north to open up eventually improve the dinner korean beliefs fish yourself koreas Missile Defense capability take center stage on wednesday at the National Assembly with the chair of the Parliament ReDefense Committee warning that our current capabilities are not enough to stand against north koreas missiles from our house koreas Missile Defense system stands and what can be done to improve between right and dr puppy back professor of politics the crimean university. Thank you for joining us. So professor day yesterday we heard from the parliamentary members that if north korea were to fire a missile it would reach south korea in a lead in and a half minutes or under eleven and a half minutes is that enough for seoul to respond. Getting bored with the is not the time. Time to time as far as im concerned is the main both cody and this was chris cant get to south korea. In less than three or four minutes the board with the dia is the distance and kept to that one always so she was the subject of analysis when you relocate in the northern part of north korea. That means that we cannot detect the filing of the missile and though we cannot. On a qantas after useless because it is the area of the mall the second one is to have it out too cute. If north Korean Missile itself lying to the high aptitude. We do not have the Surveillance Systems which can reach the higher at two and also we cannot have the interceptor missiles what options do south korea have right now and what would be the shortfall of koreas Missile Defense capability so thats the problem. So we need to feel that the Missile Defense systems even though he did. They cost too much and though one of the bpd often so long. That mr Defense System is mis understanding of our people or people can be instead we if we feel decent Defense Systems he could be part of us Missile Defence system but is not true. We knew as his Defense System may not need the lord it is set to miss this. We need to make a close call question wed United States and the even. On japan you know to destroy the flying and attacking north korea and this was in the air. So south Korean Defense minister kim went in expressed confidence in our current free and dismissal destruction system or the so called kill chain. Do you think thats it we shared it be as confident as he is. If we succeed or to purchase and by all the necessary Weapons Systems the Defence Ministry or parties planning. I think all we have some considerable time. People do this again is that any kind of miss most thought it would take i do the more than ten years. And the four windshield that we do not have any reliable on the fence optical disc test the problem. Thats why we think that everything cut out lions weve eaten estates bck what a mess of all this north korea has again outfits and cake and south korea a warning thousand of them actual holocaust of seoul and washington to carry out its annual military exercise now should we expect any prosecutions involving missiles from the norm. We are fully prepared for that and hopefully a win now. E if north korea on tuesday tony two provide true prove all serious doubt as to south korea it will seek decor a dividend or unexpected ways and a missile. For the long range artillery can be a lot of the good of man that call for north korea to guarantee the one hundred percent success because me to not have any real islands defence us is to stand up on it is very very difficult almost impossible to keep the flying on. The eye chillies. So it is the problem i think our efforts us apart think so much for time tonight. Before your dns and another began get the latest line from seoul. Any expert analysis from ages fourteen with the viewpoint only koreans local network and why on arrival that. He always on standby. I accept that increased political pressure on japan the us house of representatives has passed a bill addressing the issue of japans wartime sexual and sleeping marking the first time the matter has been included in the us legislature. Also he has to be counts. Us lawmakers are formally calling on their government to pay more attention to the so called comfort women for women forced into sexual slavery by the Japanese Military during the Second World War the document attached to a spending bill for twenty four eighteen. The us house of rep makes note of a two thousand seven resolution on the comfort women issue and urges the secretary of state league heart. The government of japan to address the issues raised in the resolution the two thousand seven resolution calls on the japanese government to issue an official apology for a torrid times excellence treatment of women. An estimated two hundred thousand e mails mostly korean ladies that slaves by the Japanese Army in the early twentieth century. And that theyre still waiting for an apology from tokyo. Although chinese mining outfit the eighteen victims. The bill passed on wednesday he is not legally binding but is highly symbolic of washingtons efforts to address the matter it marks the first time the comfort women issue has even created and us legislation and is sure to grab the pressure of the japanese government koreas Foreign Ministry welcomed the belt and the intermediate calls of the japanese government to apologize for its wartime crimes. You dont know. With the japanese government must humbly admit the universal crime oh five leading womens human rights that were committed during its imperial period when they resolve the issue i once again strongly urge the japanese government to do so. Although the bill still tired Senate Approval and a sinister from president obama. Seouls Foreign Ministry said that the dow as a sign that the comfort women that era is no longer just a beetle issue that the global life. On sunday and nice. The curry mens plan to increase lending to small and midsize firms this year as the economic recovery gains pace the Financial ServicesCommission Said thursday that lending to smaller businesses would rise but doherty three billion us dollars to see are up twenty seven percent from last year the financial watchdog cited a more positive outlook for corinne economy as a primary reason for the uptick in violence as more firms will seek Financial Assistance for investments in the back of rising demand. Todays move is also in mind that has impacted his drive to protect the financially verbal expand support for scotland for us in the fourth of our five part series on koreas industrial competitiveness be looking to the countrys world leading shipbuilding industry has been on a wild and about the unpredictable ride in recent years as in the sun tells us through though that the future is looking much rosie year despite growing competition from china. Heres what to expect from the industry in twenty fourteen. If the global shipbuilding in history is recovering from a long slump. And last year koreas major shipbuilding is one more orders and eight i get it. The victory starts on sunday heavy industries and taylor shipbuilding and marine engineering. Locke a combined total of fifty three billion dollars in orders a seven year high. When mr in terms of gross tonnage the orders are nearly double from the previous year. Three north east asian nations of china korea and it can make almost ninety percent of the welsh supporters want and dynamic korea to become number one in two thousand seven. Taking advantage of the masters orders placed by local operators in lower production costs. Christian others now focus more on complex and expensive vessels such as elisha carriers and drill ships as they can no longer compete with their chinese rivals in pricing and the new year looks brighter for korean Ship Builders says there are more option plan orders in the works. What makes this busy these days are off sharapova orders to account for about half of total ship orders. Noel and the cheerio waters are expected to rise this year and a water offshore plants are also continuously growing and to anticipate the robust growth in the same level as last year. Foreign friends are also flocking to korea and to mentor for a Ship Builders this corporation s moved his headquarters to solve district of condom. To strengthen ties with koreas leading Ship Builders. Korea is at the center of the Global Marine industry and that if we want to be number one if we want to succeed. As a Global Marine offshore business. We have to succeed in korea first Industry Analysts say quran Ship Builders are now poised to benefit from a new pool a trend of the fight eco friendly ships would bet if bill efficiency and less emissions. So this time. I dont use. China has called on the imf to stick to a commitment to giving emerging markets a greater say at the organization after the United States failed to authorize the funding needed to make the change. So duncan has more on the efforts to shift the eye and thats balance of power. Chinese foreign Ministry Spokesman homemade has called on the International Monetary fund the member nations to implement the plan that would keep emerging markets more power and representation within the organization. His remarks on wednesday seemed to target the us which is the ins the largest field power after its lawmakers monday failed to agree on funding measures needed for the reforms to progress the reforms were first approved by an imf member countries in twenty ten the reform package seeks to double the fines lending capacity to more than seven hundred and thirty billion us dollars a shift in voting shares to emerging markets and under represented countries the imf had previously intended to put the reforms into effect before october twenty twelve but the us Congress Sees apparently no hurry to approve any changes conservative u s House Republicans oppose the plan which will shift more power to countries such as china india and brazil. They also see the reforms as tantamount to proving fresh funding in a tight budget and are meant to imf managing director christian love guard expressed her disappointment with the setback but added that shes all for the Us Administration will continue to work on securing the necessary legislative authorization for the changes dining at a venue a group of ambitious young korean students got some practice in the art of diplomacy at a model United Nations conference this week where they tackled various global challenges like pros. Chino gill was there to witness the future leaders in action the model United Nations conference was held in was told thursday to discuss some of the walls most pressing issues of hunger access education and Climate Change each part is represents a country of their own agenda on the table for discussion the walls federation of United Nations association has preferred this program to give young people the opportunity to explore global challenges the forum iv the names to give you an opportunity to learn more to get inspired. Im doing. So why is this view is unnecessary to me. Just to post pre students have gone through one week of training led by professionals from the two National Brands the sins and heals ac