The Korea Times
It is heartening to see that the leaders of Korea and India, President Lee Jae Myung and Prime Minister Narendra Modi, hold a bilateral meeting. Given the weight and importance of both countries, this visit — the first between the two countries in eight years — was long overdue. It could not be more timely to deepen economic, industrial and strategic cooperation, especially as the war in the Middle East disrupts global oil and gas supply and supply chains, pushing up inflationary pressures and threatening an economic downturn. The Strait of Hormuz blockade has further highlighted the critical importance of freedom of navigation, on which Korea and India have pledged close cooperation. In view of this, Korea announced its accession to the International Solar Alliance, co-initiated by India and France in 2015, and the Indo-Pacific Oceans Initiative launched by India in 2019. The two leaders agreed to expand cooperation across multiple sectors, including trade and investment, energy, shipbuilding, defense, steel and critical minerals as well as semiconductors, artificial intelligence (
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