New Delhi, April 20 -- India and the Republic of Korea reaffirmed their commitment to significantly deepen bilateral economic engagement, with both sides targeting to double trade to $54 billion by 2030, union Commerce and Industry Minister Piyush Goyal said on Monday.
Minister Goyal, while addressing the India-Korea Business Forum, said that India and the Republic of Korea have been tasked by their leadership to double bilateral trade from the current USD 27 billion to USD 54 billion by 2030, requiring an annual growth rate of nearly 18%. He added that this target does not fully capture the true potential of the partnership and called for efforts to unlock the next phase of economic cooperation.
He highlighted the signing of the Memorand...