South Korean President Lee Jae Myung and Prime Minister Narendra Modi have agreed on enhancing economic cooperation between their countries. They aim to establish an industrial cooperation committee to boost trade and investment in strategic areas like critical minerals, nuclear energy, and clean energy. President Lee highlighted the potential for India and South Korea to be ideal partners for mutual growth and innovation.
The leaders discussed expanding cooperation in industries such as shipbuilding, finance, AI, and defense. President Lee expressed gratitude for the warm hospitality in India and emphasized the importance of the special strategic partnership between the two nations. He commended India’s progress under the Viksit Bharat 2047 vision.
President Lee also acknowledged India’s role in global affairs and expressed hope for continued collaboration on regional peace and international issues. Both leaders agreed to work towards upgrading the Comprehensive Economic Partnership Agreement to facilitate better trade and investment conditions. They emphasized the need to adapt to changing trade environments for green growth and supply chain stability.
