Prime Minister Narendra Modi in South Korea: Key points

* The Prime Minister started his visit by addressing India and Korean businesspersons in Seoul. "We are also focused on making our growth inclusive. It is for this reason that we have taken strong initiatives for financial inclusion. In the course of the past three years, we have opened over 300 million bank accounts for those who never had a bank account," he said.

* In the next couple of days, the Prime Minister is scheduled to have bilateral and business engagements, unveil a bust of Mahatma Gandhi and accept the Seoul Peace Prize conferred upon him.
* He will also address the Indian community, according to foreign ministry spokesperson, Raveesh Kumar.
* "The visit will strengthen India's special strategic partnership with South Korea and will introduce a new dimension in 'Look East Policy'," Kumar said.
* "We regard the Republic of Korea as a valued friend, a nation with which we have a Special Strategic Partnership. As fellow democracies, India and the ROK have shared values and a shared vision for regional and global peace. As fellow market economies, our needs and strengths are complementary," the Prime Minister had said, before embarking on his journey.
* "My visit to the Republic of Korea is reflective of the importance we both attach to our relationship," the PM said.
* PM Modi said collaboration between the two in the field of science and technology is encouraging, with joint research ranging from basic to advanced sciences.
* He will hold extensive talks with President Moon Jae-in, following which the two sides are expected to sign few MoUs.
* The "growing depth and variety" in the relationship of the two countries has been accentuated by the harmony between New Delhi's Act East Policy and South Korea's New Southern Policy.
* On his second visit to the country as the Prime Minister, Modi will receive the Seoul Peace Prize, which was announced by the Seoul Peace Prize Cultural Foundation in October last year in recognition of his dedicated service to international cooperation, global growth and human development.
* The visit is Prime Minister Modi's second visit to the Republic of Korea and the second summit meeting with President Moon Jae-in. The South Korean president visited India in July 2018.