New Delhi, April 22 -- India and South Korea have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation in the micro, small and medium enterprises (MSME) sector, marking a key step in expanding economic ties between the two countries. The agreement was finalised on April 20, 2026, during the official visit of a delegation led by South Korean President Lee Jae Myung. Framework for structured collaboration The MoU, signed between Indias Ministry of Micro, Small and Medium Enterprises and South Koreas Ministry of Small and Medium Enterprises (SMEs) and Startups, establishes a structured framework for sustained engagement on MSME-related issues. It aims to facilitate continuous dialogue, promote mutual understandi...