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The Independent UK
The Independent UK
National
Via AP news wire

India and South Korea agree to nearly double trade to $50B by 2030

India South Korea - (Copyright 2026 The Associated Press. All rights reserved.)

South Korean President Lee Jae Myung met Indian Prime Minister Narendra Modi in New Delhi on Monday, with both leaders pledging to nearly double bilateral trade to deepen economic and strategic ties.

Modi said India and South Korea aim to increase trade between their countries from about $27 billion to $50 billion by 2030 by strengthening supply chains, improving market access and encouraging greater investment.

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