India, South Korea Aim To Achieve $50 Billion Trade Target Before 2030

India and South Korea on Tuesday (11 January) agreed to impart fresh momentum to the discussions on Comprehensive Economic Partnership Agreement (CEPA) up-gradation negotiations.

The two sides discussed wide ranging issues covering the whole gamut of bilateral trade and investment related aspects during the meeting between Commerce Minister Piyush Goyal and South Korean Trade Minister Yeo Han-Koo in New Delhi.

The ministers also agreed to promote extensive B2B interactions on trade and investment between the Industry leaders of the two countries.

This regular negotiations will be a forum to discuss the difficulties of business community from both countries and emerging trade-related issues including supply chain resilience, the ministry said.

Further, 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.