Summary:

To improve bilateral economic cooperation, South Korea's Trade Minister Yeo Han-koo met virtually with Union Commerce and Industry Minister Piyush Goyal. Increasing trade and investment connections while reiterating a common commitment to greater economic participation were the main topics of discussion. The discussion focused on initiatives to increase trade and industry cooperation and look into innovative ways to strengthen economic connections. The necessity of a thorough and mutually beneficial cooperation through ongoing participation was emphasized by both parties. The gathering supports India's plan to expand its international trade alliances. In addition to promoting long-term growth, stability, and improved bilateral ties between the two countries, it is anticipated to enhance trade flows, market access, and investment collaboration.

Source: IBEF

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