India-South Korea Revive CEPA Talks, Boosting Green Energy and Digital Trade Cooperation
India and South Korea signaled a major boost to their bilateral economic ties, discussing the revival and upgrade of their Comprehensive Economic Partnership Agreement (CEPA). Union Commerce Minister Piyush Goyal confirmed that the talks focused on deepening cooperation across industrial sectors, green energy, and digital trade.Goyal shared details of his meeting with South Korea’s Trade Minister Yeo Han-koo on the social media platform X. The discussions centered on re-energizing the negotiations for upgrading the India-Korea CEPA.
Focus on CEPA Upgrade and Strategic Sectors
The two ministerial delegations explored avenues to enhance collaboration in multiple key areas. Specific sectors highlighted for potential deeper cooperation include industrial cooperation, green energy, and digital trade.Minister Goyal expressed satisfaction with the engagement, stating that the discussions aimed at revamping the CEPA negotiations. He emphasized the opportunity to boost mutual economic ties through sustained cooperation.
Both nations are reportedly keen on expanding trade and investment flows. This expansion intends to leverage the unique complementarities present in both countries' manufacturing capabilities, technological expertise, and emerging sectors.
The dialogue also underscored a shared commitment to aligning with evolving global trade dynamics and critical sustainability goals. The minister conveyed optimism for the future, noting that both India and South Korea aim to strengthen their partnership for greater mutual trade and investment.
South Korean President Pays Tribute to Mahatma Gandhi
Separately, the day saw a high-level diplomatic engagement involving South Korea. President Lee Jae Myung paid tributes to Mahatma Gandhi at Raj Ghat in New Delhi.The Ministry of External Affairs (MEA) reported the visit, stating that the homage was paid "For peace, harmony, and a better world," honoring the values of non-violence.
Before visiting Raj Ghat, President Lee was accorded a ceremonial welcome at the forecourt of Rashtrapati Bhavan.
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