New Delhi, April 20: In a special briefing by the Ministry of External Affairs, Secretary (East) P. Kumaran announced that President Yoon Suk-yeol of the Republic of Korea is on a state visit to India at the invitation of Prime Minister Narendra Modi. This marks President Yoon’s first visit to India since taking office in June 2025. The visit commenced on Sunday, April 19, and will conclude on Tuesday, April 21. He is accompanied by a ministerial, official, and top industry delegation.
This meeting is the third between the two leaders, who previously met at the G7 Summit in 2025 and the G20 Summit in 2025.
Upon arrival, President Yoon met with India’s President Droupadi Murmu. On Monday morning, he received a formal welcome at the Rashtrapati Bhavan and paid tribute to Mahatma Gandhi at Raj Ghat.
Following this, extensive talks took place between Prime Minister Modi and President Yoon, focusing on the review of the bilateral “Special Strategic Partnership” and setting future directions.
Both nations agreed to enhance economic cooperation, emphasizing new opportunities in shipbuilding, artificial intelligence, semiconductors, critical minerals, and supply chains. There was also a consensus on various global and regional issues, including the Indo-Pacific.
Prime Minister Modi and President Yoon engaged with industry leaders to promote business collaboration. President Yoon is participating in the India-Korea Business Forum, attended by numerous business leaders. Additionally, financial cooperation forums in Delhi and “Space Day” events in Bengaluru have been organized.
During this visit, multiple agreements were signed across sectors such as trade, shipping, environment, science and technology, education, and culture. Four joint statements were issued, with the “India-ROK Joint Strategic Vision” being a key document outlining the roadmap for future relations.
Significant emphasis was placed on maritime cooperation, with a new framework established for shipbuilding and logistics. A shared strategy for climate change and energy security was also developed.
Both countries agreed to increase regular summit meetings and ministerial-level dialogues. New initiatives like the “India-ROK Industrial Cooperation Committee” and “Economic Security Dialogue” have also been launched.
To achieve a trade target of $50 billion by 2030, the process to upgrade the CEPA agreement will be reinitiated. Additionally, a decision was made to integrate digital payment systems, benefiting MSMEs and supply chains.
This visit is seen as a catalyst for enhancing India-South Korea relations on economic, technological, and strategic fronts.
My name is Himanshu Tiwari. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including TECHNOLOGY, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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