Yeo-Goyal want extensive B2B interactions on trade and investment
The Indian and South Korean Trade Ministers have instructed their respective negotiating teams to meet on a regular basis in order to conclude the Comprehensive Economic Partnership Agreement (CEPA) up-gradation negotiations as soon as possible to achieve US$50 billion trade volume by 2030.
Trade Minister Yeo Han-Koo and Commerce and Industry Minister Piyush Goyal have agreed to impart fresh momentum to the discussions on CEPA up-gradation negotiations.
The Minister also wants to promote extensive B2B interactions on trade and investment between the Industry leaders of the two countries.
Both the Ministers held wide ranging discussions on 11 Jan 2022 covering the whole gamut of Bilateral Trade and Investment related aspects.
“This regular negotiations shall be a forum to discuss the difficulties of business community from both countries and emerging trade-related issues including supply chain resilience,” said the Commerce and Industry Ministry.
The Ministers agreed to boost bilateral trade between India and Korea to achieve growth in a fair and balanced manner to the mutual advantage of both sides, it added in a release from New Delhi. fiinews.com
