A high-level meeting took place in New Delhi on Thursday between External Affairs Minister S Jaishankar and a special envoy delegation from South Korea, spearheaded by former Prime Minister Kim Boo-kyum. The discussions centered on bolstering cooperation in crucial sectors such as the economy, technology, defence, maritime security, and fostering greater people-to-people exchanges. The meeting comes amid ongoing efforts by both countries to strengthen their partnership, particularly in areas like green hydrogen, shipbuilding, investment, semiconductors, and regional security, especially within the Indo-Pacific region. Earlier, Indian Ambassador to South Korea Amit Kumar also met with Kim Boo-kyum before his visit to India. The South Korean delegation included Representative Lee Kai Ho and Democratic Party of Korea’s Supreme Council Member Song Sun-ho. The meeting between Jaishankar and the South Korean delegation built upon a recent meeting between Prime Minister Narendra Modi and South Korean President Lee Jae Myung in Canada. They previously pledged to work together in trade, investment, green energy, and emerging technology sectors. Notably, the existing collaborations, such as Korea Plus, which promotes Korean investments in India, and the Korea-India SME and Start-up Centre in Gurugram, underscore the growing economic ties between the two nations. South Korea’s FDI in India totaled USD 8.02 billion as of June 2023.
