India looking to advance mutually beneficial trade relations with South Korea: President
NEW DELHI :
PRESIDENT Droupadi Murmu on Monday said that India looks forward to advancing mutually beneficial trade relations and strengthening cooperation with South Korea in areas such as artificial intelligence (AI), semiconductors, electronics and tourism.
She emphasised that both nations should explore opportunities for cooperation in green and clean energy, as well as
other climate technologies, to secure a sustainable future for humanity.
Welcoming South Korean President Lee Jae Myung on his first visit to India, Murmu appreciated him for his significant contributions to strengthening India-Korea bilateral relations, particularly as chair of the
Korea-India Parliamentary Friendship Group.
Earlier in the day, the President received her South Korean counterpart at the Rashtrapati Bhavan and also hosted a banquet in
his honour.
She said that this visit, within the first year of his presidency, reflects the importance he attaches to the relationship between the two nations.
Murmu noted that India looks forward to advancing mutually beneficial trade relations and strengthening cooperation with Korea in areas such as AI, semiconductors, electronics, clean energy, services and tourism, according to a statement issued by the Rashtrapati Bhavan.
The President said that India has skill, speed, and scale, while Korea has expertise in high-tech manufacturing. “By combining our strengths, we can create numerous opportunities for our youth,” she said.