New Delhi, May 28 -- Pursuant to the Joint Declaration signed on 20 April 2026 by Union Minister of Commerce and Industry Piyush Goyal and Korean Trade Minister, Ministry of Trade, Industry and Resources Mr. Yeo Han-koo during the State Visit of the President of the Republic of Korea to India, wherein both sides committed to accelerating the India-Korea Comprehensive Economic Partnership Agreement (IK CEPA) upgrade negotiations, the 12th round of IK CEPA upgrade negotiations was held in New Delhi from 25-27 May 2026.

The negotiations were co-chaired by Ms. Kapil Chaudhary, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, and Mr. Park Geun-oh, Director General for Trade Agreement Policy, Min...