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Showing posts with the label India South Korea Relations

India South Korea Relations

India and South Korea share a multifaceted relationship that encompasses economic cooperation, cultural exchanges, and strategic partnerships. The bilateral ties between the two countries have grown significantly in recent years. Here are some key aspects of India-South Korea relations: 1. Economic Cooperation: Economic relations between India and South Korea have witnessed substantial growth. South Korea is one of India's major trading partners and a significant source of foreign direct investment (FDI). Bilateral trade has expanded, covering sectors such as automobiles, electronics, machinery, chemicals, and textiles. Both countries have also collaborated on joint ventures and technology transfers. 2. Strategic Partnerships: India and South Korea have developed strategic partnerships based on shared interests in regional security and stability. The two countries engage in high-level dialogues and defense cooperation, including joint military exercises, defense technology transfer...