Preface Introduction Section I Recent Economic Trends 1. Korean Economy in Transition Toward an Advanced Economy: Prospects and Challenges 2. The Indian Economy: Recent Trends and Prospects Section II Trade Prospects and Non-Tariff Measures 3. India-Korea Trade and Non-Tariff Barriers 4. Two Years In: Achievements and Challenges in the Trade Sector of the Korea-India CEPA Section III Foreign Direct Investment 5. Trends of FDI Flows into India and Korea 6. Investment in the Indo-Korea CEPA Section IV Services and Green Energy 7. Current Status of Indian Green Energy Industry and Cooperation between Korea and India 8. The Role of Culture in Economic Activity and Exchange Parthasarathi Shome Section V Global Security Issues 9. Rising Powers and Asia’s Stability: Strategic Convergence between India and South Korea 10. India’s Changing Relations with the United States and China 11. Four-Layered Security Cooperation between South Korea and India