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South Korea's Lee to seek big boost in economic ties in summit with PM Modi

  • Posted on April 20, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
In brief

South Korean President Lee Jae Myung is strengthening bilateral relations with Indian PM Narendra Modi through strategic economic partnerships. The nations aim to expand their trade volume significantly, with particular emphasis on maritime industries and technological innovation. Beyond shipbuilding, cooperation extends to financial services, cutting-edge AI solutions, and defense capabilities. This summit reflects India's growing importance as a manufacturing hub in the global economy and both countries' commitment to deepening South Asian-Northeast Asian integration.

South Korea's Lee to seek big boost in economic ties in summit with PM Modi
South Korea's Lee to seek big boost in economic ties in summit with PM Modi

South Korean President Lee Jae Myung is in New Delhi for talks with Indian Prime Minister Narendra Modi. The visit aims to significantly increase economic ties, focusing on shipbuilding. Both nations plan to nearly double bilateral trade to $50 billion by 2030. Cooperation may also expand into finance, artificial intelligence, and defense. India's role in global production is highlighted.
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Business News Today

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