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India- South Korea Trade Talks

India- South Korea Trade Talks:

Minister for Trade of South Korea, Yeo Han-Koo met with Commerce and Industry Minister Piyush Goyal in New Delhi.

  • Both the Ministers held wide-ranging discussions covering the whole gamut of Bilateral Trade and Investment related aspects.
  • The Ministers agreed to impart fresh momentum to the discussions on Comprehensive Economic Partnership Agreement up-gradation negotiations.
  • India and Korea aim to achieve the trade target of 50 Billion dollars before 2030.
  • They agreed to address difficulties expressed by industry from both sides and instructed their respective negotiating teams to meet on a regular basis in order to conclude the CEPA up-gradation negotiations as soon as possible.
  • The Ministers agreed to boost bilateral trade between India and Korea to achieve growth in a fair and balanced manner to the mutual advantage of both sides.

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