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Cabinet nod for Korea, Sweden pacts

Our Bureau

New Delhi, June 22

The Union Cabinet on Thursday approved conclusion of Bilateral Investment Promotion and Protection Agreement with the Republic of Korea. The agreement will increase the investment between the two countries. Such agreements have been signed till date with 58 countries.

The Cabinet also approved the agreement signed between India and Sweden in December last year in Stockholm on cooperation in the fields of science and technology. The agreement shall remain in force for a period of five years.

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