India and South Korea: Strengthening Ties with Ambitious Economic Partnership

President Droupadi Murmu emphasized India's commitment to strengthening trade relations with South Korea. Key areas include AI, semiconductors, and tourism. The meeting with President Lee Jae Myung underscored bilateral cooperation in clean energy technologies and a shared vision for sustainability.

Murmu welcomed President Lee on his inaugural visit, acknowledging his role in fostering bilateral ties. She highlighted India's capabilities in skill, speed, and scale, while appreciating Korea's high-tech manufacturing expertise. This partnership aims to create opportunities for youth and facilitate cooperation in digital fields and education.

The two leaders signed agreements to enhance the steel supply chain and industrial cooperation. Both countries pledged to nearly double their annual trade to USD 50 billion by 2030. This commitment is a strategic response to promote peace and economic stability amid global tensions.

(With inputs from agencies.)