Common Concerns: On India-South Korea Ties

📌 Summary:

• The editorial reviews the state of India-South Korea bilateral relationship, elevated to a "Comprehensive Strategic Partnership" in 2015
• Key convergence areas: both nations share concerns about China's assertiveness in the Indo-Pacific and supply chain over-dependence on China
• Trade and investment: South Korea is a major investor in India's electronics, auto (Hyundai, Kia), and steel sectors; bilateral trade target of $50 billion by 2030
• Defence cooperation: South Korea's defence exports to India (K9 Vajra self-propelled howitzers, co-production of K239 Chunmoo rocket systems) are growing
• Technology collaboration: semiconductors, 6G, battery technology — both nations see potential for deepening tech ties
• CEPA (Comprehensive Economic Partnership Agreement) between India and South Korea signed in 2009; review underway to modernise it
• Editorial notes: India's Act East Policy gains strategic depth through stronger Seoul ties; South Korea diversifies beyond China dependence
• Challenges: trade deficit tilted against India; market access barriers for Indian pharma and IT services in South Korea
• India's multilateral context: South Korea is a QUAD-adjacent partner (not a formal member); cooperation within Indo-Pacific Economic Framework (IPEF)