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India-South Korea to achieve the trade target of 50 Billion dollars

Minister for Trade of South Korea, Yeo Han-Koo met with Commerce and Industry Minister Piyush Goyal in New Delhi on Tuesday, January 11, 2022. 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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