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(LEAD) S. Korea, India discuss supply chain cooperation, investment

Diplomacy 15:12 November 22, 2022

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SEOUL, Nov. 22 (Yonhap) -- Senior trade officials of South Korea and India discussed ways Tuesday to boost cooperation on ensuring stable supply chains and expanding bilateral trade and investment, Seoul's trade ministry said.

South Korea's Deputy Trade Minister Jeong Dae-jin met with India's vice trade minister, Sumita Dawra, who came to Seoul for a four-day visit, according to the Ministry of Trade, Industry and Energy.

Jeong called for enhanced bilateral cooperation in responses to climate change and supply chains as key strategic partners, particularly as South Korea seeks a free and prosperous Indo-Pacific region under its new strategy.

The Indian official shared the need to work more closely in supply chains facing fast-changing global circumstances and voiced hope for greater investment in his nation by South Korean firms, according to the ministry.

During the first nine months of this year, bilateral trade came to US$22 billion, with the comparable figure for all of 2021 coming to $23.7 billion, according to government data.

This photo, provided by South Korea's trade ministry, shows Deputy Trade Minister Jeong Dae-jin (R) shaking hands with India's vice trade minister, Sumita Dawra, ahead of their talks in Seoul on Nov. 22, 2022. (PHOTO NOT FOR SALE) (Yonhap)

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