India and South Korea hold 5th Foreign Policy and Security Dialogue in Seoul

India and South Korea hold 5th Foreign Policy and Security Dialogue in Seoul

• The 5th Foreign Policy and Security Dialogue between India and South Korea was held in Seoul. During the two-day dialogue which concluded yesterday, both sides agreed to deepen cooperation in areas including trade and investment, security and defense, science and technology, as well as cultural and people-to-people exchanges.
• India and South Korea have agreed to work to make global supply chains more resilient and robust. They also noted that bilateral trade was at an all-time high of 28 billion US dollars and agreed to take concrete steps to realize the vision of taking it to 50 billion US dollars by 2030.
• The two sides also discussed opportunities for cooperation in new and emerging technologies.
• Secretary (East), Ministry of External Affairs, Saurabh Kumar informed the Korean side about the opportunities India offers to Korean companies for investments in manufacturing, infrastructure and other sectors.

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Published date : 18 Jan 2023 05:57PM