India, South Korea set to review trade pact to boost economic ties

New Delhi, May 6 (BNP): India and South Korea are expected to hold talks on May 25 to review their existing trade agreement, with an aim to strengthen economic cooperation and address key trade concerns.

The discussions will focus on revisiting the Comprehensive Economic Partnership Agreement (CEPA), which has been in force since 2010. India is likely to push for updates to make the pact more relevant to current global trade dynamics and to tackle issues such as the trade imbalance.

Officials from both countries are set to participate in the negotiations, which are seen as an important step toward enhancing bilateral trade and creating more balanced and mutually beneficial opportunities.

The review could pave the way for a more modern and effective trade framework, helping deepen economic engagement between the two nations.