At the G7, President Lee Meets Prime Minister Modi: "Korea and India to Forge a New Relationship"

President Lee Jae-myung, who is visiting Evian, France, to attend the Group of Seven (G7) summit, stated that the level of cooperation between Korea and India is not sufficient compared to the economic scale and potential of both countries. He added that he had agreed with Indian Prime Minister Narendra Modi to elevate bilateral relations to a new stage. This reaffirms his intention to expand cooperation with India, a country with a large population and a key axis in the reorganization of global supply chains, across economic, cultural, and social sectors.

President Lee Jae-myung, who is visiting Evian, France, to attend the Group of Seven (G7) summit, is shaking hands with Indian Prime Minister Narendra Modi on the 16th (local time).

After meeting with Prime Minister Modi on the 16th (local time), President Lee wrote on X (formerly Twitter), “So far, the level of cooperation between India and Korea has been very low compared to our economic scale and cooperative potential. Prime Minister Modi and I agreed to strengthen future cooperation between Korea and India in all areas, including the economy, culture, and society, and to develop bilateral relations to a new level.”

President Lee also shared Prime Minister Modi’s post on X regarding their meeting. Prime Minister Modi stated in his post, “I had a very productive conversation with President Lee in Evian. The two countries are cooperating in several areas, including trade and commerce.”

President Lee has repeatedly expressed his determination to elevate Korea-India relations to a strategic partnership that goes beyond mere trade expansion. India, the world’s most populous nation and a rapidly growing market, offers significant opportunities for cooperation with Korea, which has strong manufacturing capabilities in sectors such as semiconductors, batteries, automobiles, and shipbuilding, as well as in fields such as artificial intelligence (AI), software, space, and pharmaceuticals.

Previously, President Lee and Prime Minister Modi held a summit in New Delhi, India, in April, and agreed to develop bilateral relations to a “completely new level.” At that time, the two countries set a goal to expand trade volume to 50 billion dollars by 2030 and decided to accelerate negotiations to improve the Korea-India Comprehensive Economic Partnership Agreement (CEPA).

This content was produced with the assistance of AI translation services.