India and South Korea have agreed to explore joint initiatives in key sectors including electronics, electric vehicle (EV) components, and trusted digital supply chains, the Commerce Ministry said in a statement on Friday.
According to a report by PTI, the discussions took place between Minister of State for Commerce and Industry Jitin Prasada and his Korean counterpart Yeo Han-Koo on the sidelines of the G20 Trade and Investment Ministers’ Meeting in Gqeberha, South Africa.
“The focus areas included collaboration in manufacturing, digital technologies, and clean technologies,” the ministry said in a statement, adding that both sides will work towards deepening partnerships in future-oriented industries.
During the visit, Prasada also held bilateral meetings with ministers from Japan, South Africa, and the Netherlands to strengthen trade and investment ties.
On WTO reform, the minister underscored the need to restore a fully functional two-tier dispute settlement mechanism with an operational appellate body. He also emphasised the importance of a permanent solution on public stockholding for food security and ensuring affordable access to food for developing nations.
