India and South Korea Aim to Double Trade to $50 Billion by 2030

India and South Korea have agreed to boost bilateral trade to $50 billion by 2030 through expanded cooperation in energy, critical minerals, and other sectors. The two nations also plan to revive and enhance their 2010 trade agreement. South Korean President Lee Jae Myung is on a three-day state visit to India, marking the first such visit in eight years.

By Reuters Mon, April 20, 2026 at 1:53 PM GMT+3 3 min read · Yahoo Finance ·

India and South Korea Aim to Double Trade to $50 Billion by 2030

Topics: Critical Minerals Economic Cooperation Energy Cooperation India-South Korea Relations Semiconductors Steel Sector Trade Agreements

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