Senior trade officials of India and South Korea on Tuesday discussed ways to boost chain supply and expand bilateral trade cooperation.
India and South Korea promised to work on ensuring stable supply chains and expanding bilateral trade and investment, Seoul’s trade ministry said.
Special Secretary Department for Promotion of Industry and Internal Trade (Logistics) Sumita Dawra who is in Seoul for a four-day visit met South Korea’s Deputy Trade Minister Jeong Dae-jin, according to Yonhap news agency.
Dawra shared the need to work more closely in supply chains facing fast-changing global circumstances and voiced hope for more excellent investment in his nation by South Korean firms, according to the Ministry of Trade, Industry, and Energy.
Jeong called for enhanced bilateral cooperation in responses to climate change and supply chains as key strategic partners, particularly as South Korea seeks a free and prosperous Indo-Pacific region under its new strategy.
The Indian official shared the need to work more closely in supply chains facing fast-changing global circumstances and voiced hope for greater investment in his nation by South Korean firms, according to the ministry.
During the first nine months of this year, bilateral trade came to US$22 billion, with the comparable figure for all of 2021 coming to $23.7 billion, according to government data.
