India, Korea discuss upgrading of existing trade pact; promoting investments

India and Korea discussed upgrading their free trade agreement, balancing commerce, and promoting investments. Commerce Minister Piyush Goyal met with his Korean counterpart Inkyo Cheong in Laos. They focused on achieving balanced trade, addressing non-tariff barriers, and boosting exports of Indian products like steel, rice, and shrimp. The review aims to strengthen economic ties and address India's growing trade deficit with Korea.