India–South Korea sign 15 pacts to boost trade, AI cooperation, more: Prez Lee says aim is to ‘double bilateral trade’
Mint·2h ago·Positivity
What Happened
South Korean President Lee Jae Myung visited India and signed 15 bilateral pacts with PM Modi on April 20. The agreements focus on boosting trade, investment, shipbuilding, and artificial intelligence cooperation. Both nations aim to double annual bilateral trade from $25 billion to $50 billion by 2030, establishing a ministerial-level industrial cooperation committee for enhanced economic ties.
Key Entities
IndiaSouth KoreaLee Jae MyungNarendra ModiBilateral tradeAI cooperationShipbuilding$50 billion2030