New Delhi, April 21 -- President of the Republic of Korea (ROK), H.E. Lee Jae Myung, today said that India, as the world's fourth-largest economy and home to 1.4 billion people, stands as a key pillar of the global economy.

Addressing the India-Korea Business Forum in New Delhi, he noted that there is significant scope to further expand business and trade, adding that bilateral trade has considerable room for growth and, with sustained efforts, is expected to double alongside ongoing negotiations on the Comprehensive Economic Partnership Agreement.

He emphasized the need to prepare high-tech industries for the future through collaboration and by leveraging India's strengths in artificial intelligence. He further stated that cooperation ...