India and South Korea said on Monday that they would boost their economic ties by expanding cooperation in energy, critical minerals, shipbuilding, semiconductors and steel as they seek to double their trade to $50 billion by 2030.
New Delhi and Seoul also agreed to resume and step up negotiations to give new energy to their 2010 trade agreement as India wants their trade to be more balanced and South Korea wants greater market access to the world’s fastest-growing major economy.
