By Shubham Kalia and Joyce Lee

Reuters * To sell 17.5% stake in JV to local partner E-Mart for $411 mln

* E-Mart will own 67.5% after Starbucks exit

* GIC will own 32.5% stake (Adds analyst comment, details on Starbucks’ Asia business)

SEOUL, July 27 (Reuters) – Starbucks Corp is exiting its $2 billion worth joint venture in South Korea by selling stakes to local partner E-Mart Inc and Singapore sovereign wealth fund GIC, as it looks to invest more in fast-growing international markets.…