New Delhi, April 20 -- South Korean President Lee Jae Myung on Monday outlined an ambitious roadmap to significantly deepen economic ties with India, announcing a shared goal to double bilateral trade to USD 50 billion by 2030.

Addressing the joint press statement alongwith Prime Minister Narendra Modi, the visiting South Korean President said, "We aim to increase the current 25 billion dollar level of annual trade volume to around 50 billion dollars by 2030."

The South Korean President emphasised the steady evolution of bilateral ties since the establishment of diplomatic relations in 1973, citing milestones such as the Comprehensive Economic Partnership Agreement (CEPA) in 2010 and the elevation to a special strategic partnership in 2...