New Delhi, April 19: South Korean President Lee Jae-myung departed for India on Sunday. Following his visit to India, he will head to Vietnam for a summit. This trip aims to stabilize supply chains amid uncertainties in the global energy market caused by conflicts in the Middle East.
President Lee is scheduled to arrive in New Delhi today and will meet with Prime Minister Narendra Modi on Monday. According to Yonhap News Agency, this will be their third in-person meeting since discussions during last year’s G7 and G20 summits.
National Security Advisor Yi Sung-ryong stated that the summit will focus on enhancing economic cooperation in sectors such as shipbuilding, maritime industry, artificial intelligence, and defense. Additionally, they will coordinate on the uncertainties surrounding energy supply chains related to the situation in the Middle East.
President Lee may also participate in a business forum aimed at supporting the operations of Korean companies in India and exploring new opportunities. India serves as a crucial production hub and a significant consumer market for Korean electronics and automakers.
On Tuesday, President Lee will embark on an official visit to Hanoi, Vietnam, where he is expected to discuss energy supply chains and essential minerals with Vietnamese President and General Secretary of the Communist Party, To Lam. This marks his first official visit to Vietnam, following To Lam’s election as president earlier this month. It will be the first visit by a foreign head of state since the new government was formed.
The next day, Lee will meet with Vietnamese Prime Minister Le Minh Khai and National Assembly Chairman Tran Thanh Man. He will also participate in a business forum to discuss ways to enhance economic cooperation between the two nations.
During this trip, President Lee aims to strengthen strategic cooperation with rapidly growing economies and expand South Korea’s diplomatic reach.
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