India, Korea need to work together to achieve $50 billion bilateral trade target by 2030

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while suggesting measures to achieve the jointly set target of taking the foreign trade between India and South Korea to $50 billion by the year 2030 from the current $21.5 billion, the South Korean Ambassador has said that both the countries need to work together to achieve the target.
Chang Jae-bok said that the friendlier working conditions, and widening the scope of the free trade agreement CEPA between the two countries would help achieve the target.
“Last year, because of the Covid (pandemic), the (bilateral) trade volume was lower, but this year we have indications that it will back to the previous level. We need to make more efforts from both sides, not only from Korea but also from India,” the South Korean Ambassador told Asian Community News (ACN) Network on Friday

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