New Delhi, Nov 1 (IANS): The Union Cabinet on Thursday approved an agreement between India and South Korea for strengthening cooperation in the field of tourism.

The meeting chaired by Prime Minister Narendra Modi approved the signing of the Memorandum of Understanding (MoU) between the two nations with an objective to expand bilateral cooperation in tourism by increasing the exchange of information and data related to the sector.

The objectives of the deal include encouraging cooperation between tourism stakeholders including hotels and tour operators; investment in the tourism and hospitality sectors; participation in travel fairs or exhibitions in each other's country and promoting safe, honourable and sustainable tourism.

With the signing of this bond, the two countries will exchange visits of tour operators, the media and the opinion makers for promotion of two-way tourism.

They will also exchange experiences in the areas of promotion, marketing destination development and management.

South Korea is one of the leading tourist generating markets for India from East Asia.