India-south Korea

India, South Korea to conclude FTA renegotiation by mid-2027: Goyal

India and South Korea aim to conclude FTA renegotiation by mid-2027, focusing on fair trade, localisation, and reducing barriers amid concerns over trade imbalance

How South Korea tie-up could help India reduce costly freight dependence

New framework with South Korea links shipyard capacity, technology and orders to India's push to reduce reliance on foreign carriers

India open to South Korean firms in vessel flagging, port infra projects

India pitches ship flagging, seafarer pool and port investments to South Korea, as both sides sign VOYAGES pact and expand cooperation in maritime, energy and climate sectors

Chips to ships: South Korea, India must collaborate in additional sectors

Lee Jae-Myung's India visit highlights untapped potential in India-South Korea ties, from semiconductors to shipbuilding, amid a shared push for a stable Indo-Pacific

Focus on boosting shipbuilding ties: India, S Korea set $50 bn trade target

New Delhi and Seoul agree to deepen strategic cooperation, upgrade CEPA, and boost trade to $50 billion by 2030 amid global uncertainties

India to build Korea industrial township, push for balanced trade: Goyal

Goyal said the two sides have agreed to upgrade the India-Korea Comprehensive Economic Partnership Agreement on a "fast-track, mission mode" basis

South Korean Prez to seek big boost in economic ties in summit with PM Modi

South Korean President Lee Jae Myung is in India for a three-day visit, the first South Korean presidential state visit to the country in eight years

PM Modi, S Korean Prez set $50 bn trade target, announce futuristic ties

Following delegation-level talks, PM Modi and South Korean President Lee witnessed the exchange of several MoUs between India and South Korea, aimed at deepening bilateral cooperation

South Korean President Lee to make state visits to India and Vietnam

PM Modi and South Korea's Lee Jae Myung are due to hold a summit on April 20, with talks expected to cover cooperation in areas such as shipbuilding, artificial intelligence and defence

Leading South Korean insurers explore entry into India's $130 bn market

MUMBAI, Feb 6 (Reuters) - South Korean firms Samsung Fire & Marine Insurance, Mirae Asset Financial Group and Hyundai Marine & Fire Insurance Co are in exploratory talks about entering India's $130 billion insurance market, three Indian sources said.

India, Korea to explore joint initiatives in electronics and EV components

India and Korea have agreed to explore joint initiatives in electronics and electric vehicle (EV) components, and digital supply chains, the commerce ministry said on Friday. It was discussed between the Minister of State for Commerce and Industry Jitin Prasada and his Korean counterpart Yeo Han-Koo. "In discussions...the focus areas included collaboration in manufacturing, digital technologies and clean technologies. The two sides agreed to explore joint initiatives in electronics, EV components, and trusted digital supply chains," it said. He also held bilateral meetings with ministers from Japan, South Africa, the Netherlands and discussed ways to boost trade and investments. The meeting was held on the sidelines of the G20 Trade and Investment Ministers' Meeting (TIMM) in Gqeberha, South Africa. In the discussions on the WTO (World Trade Organisation), Prasada called for the restoration of a fully functional, two-tier dispute settlement system with an operational appellate ...

Jaishankar meets South Korea's new foreign minister, vows deeper ties

The meeting coincided wth the 10th anniversary of India-Republic of Korea (ROK) Special Strategic Partnership

13th high-level meeting between coast guards of India, Korea held in Delhi

Top officers from the Indian and Korean coast guard forces held a key meeting in Delhi on Monday, seeking to boost cooperation in maritime law enforcement, search and rescue and pollution response. The defence ministry said this in a statement. "Both sides engaged in discussions to boost cooperation in Maritime Search and Rescue (SAR), Pollution Response (PR), and Maritime Law Enforcement (MLE), while reaffirming their commitment to share best practices and enhance interoperability under the 2006 MoU, it said. This was the 13th High-Level Meeting (HLM) between the Indian Coast Guard (ICG) and the Korea Coast Guard (KCG) in Delhi. The meeting was co-chaired by Paramesh Sivamani, Director General, ICG, and KIM Yong Jin, Commissioner General, KCG, who is currently leading a five-member delegation on an official visit to India from July 20-24, the ministry said. As part of the visit, the KCG delegation will travel to Mumbai from July 23-24 for an industrial visit to Mazagon Dock ...

Cochin Shipyard inks pact with Korea's KSOE to boost maritime cooperation

The MoU focuses on cooperation in several key areas, including joint exploration of new building opportunities in India and overseas, sharing of technical expertise, upskilling of the workforce, etc

Jaishankar thanks S Korean counterpart, stresses need to fight terrorism

Following the attack, India has taken strong countermeasures against Pakistan for its support of cross-border terrorism

EaseMyTrip, Korea Tourism join hands to woo Indian tourists to South Korea

Travel tech platform Easy Trip Planners Ltd on Friday said it has signed an initial pact with the Korea Tourism Organisation to enhance South Korea's visibility as a key outbound destination for Indian travellers. The partnership seeks to drive Indian tourist arrivals to Korea by leveraging EaseMyTrip's digital reach, industry expertise, and extensive customer base, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. Through a targeted marketing approach, EaseMyTrip and Korea Tourism Organisation (KTO) will work together to increase awareness, improve accessibility, and create seamless travel experiences for Indian travelers exploring Korea, it added. "Korea is a potpourri of history, vibrant city life, and breathtaking landscapes, making it a highly desirable destination for Indian travellers. Our partnership with Korea Tourism Organisation will allow us to bring exclusive travel opportunities to Indian tourists while ensuring seamless bookin

S Korean lawmakers seek independent probe over President Yoon's impeachment

South Korean opposition parties introduced a bill Thursday calling for an independent investigation into impeached President Yoon Suk Yeol's brief martial law declaration, as thousands of his supporters and critics held tense rallies near his residence ahead of his potential detention. The bill, jointly submitted by six parties, including the main liberal opposition Democratic Party, proposes that a special prosecutor investigate whether Yoon's martial law decree on December 3 constituted an attempted rebellion. The bill also calls for an investigation into opposition claims that Yoon sought to provoke a clash with North Korea by allegedly flying drones over Pyongyang or discussing the possibility of shooting down trash-laden balloons launched from North Korea across the border, to justify a power grab at home. Yoon's lawyers and the South Korean military have denied the suspicions. Yoon remained holed up at his official residence in the capital city of Seoul, where the presidential

South Korea's Yoon Suk faces second arrest attempt in fortified compound

A court re-issued an arrest warrant for Yoon this week, sparking protests on both sides

EAM Jaishankar offers condolences to S Korea's airplane crash victims

The incident occurred on Sunday morning when a Jeju Air passenger jet, carrying 175 passengers and six crew members, belly-landed and exploded at Muan International Airport

Political turmoil unlikely to impact Korea's trade with India for now

During the first six months of the current financial year, India exported goods worth $2.87 billion to South Korea, while imports stood at $10.62 billion