Indian Embassy hosts Korea-India economic forum to boost ties
Indian Ambassador to Korea Amit Kumar underscored the deepening economic and strategic ties between Korea and India at the Korea-India Economic Partnership Forum held in Seoul, Thursday, emphasizing the need for greater collaboration in trade, technology and regional security. He noted that the global economy has faced multiple stresses over the past few years, highlighting over-concentrated manufacturing, excessive state subsidies and the fragility of supply chains exposed by the COVID-19 pandemic. "The Ukraine conflict led to additional concerns, particularly with regard to food, fuel and fertilizers, the cascading effect of which eventually spread across all sectors and geographies," he said. He also pointed to disruptions in maritime shipping resulting from Middle East tensions, which have affected Asia-Europe trade routes. "The special strategic partnership between India and the Republic of Korea, established a decade ago, assumes greater salience bilaterally as well as in addressing regional and global challenges, including in the Indo-Pacific," he said. Trade between India and Kor
