India, South Korea set $50 bn trade target; PM Modi, Lee Jae-Myung agree on 'futuristic partnership'

South Korean President Lee Jae Myung met Indian Prime Minister Narendra Modi in New Delhi on Monday, with both leaders pledging to nearly double bilateral trade to deepen economic and strategic ties.Modi said India and South Korea aim to increase trade between their countries from about $27 billion to $50 billion by 2030 by strengthening supply chains, improving market access and encouraging greater investment. “India and South Korea are going to transform their trusted ties into a futuristic partnership,” he said.