India and South Korea are likely to advance discussions on trade and defence ties during the three-day visit of South Korean President Lee Jae Myung from April 19, 2026, underscoring their shared commitment to stronger bilateral cooperation. President Lee will hold talks with Prime Minister Narendra Modi on strengthening bilateral cooperation across a wide spectrum of areas, including shipbuilding, trade, investments, AI, semiconductors, critical and emerging technologies and people-to-people connect. They will also exchange views on regional and global issues of mutual interest. 

The India-South Korea strategic ties have been on an upswing in the last several years and the upcoming visit of President Lee underscores the shared aspiration of both countries to further strengthen the existing areas of cooperation while expanding collaboration in new and emerging areas of mutual interest.

Meanwhile, the bilateral trade between the two countries for January to October 2025 was $21.5 billion. In 2024, the bilateral trade stood at $25.1 billion. Major items of India’s exports to South Korea are aluminum, cereals, iron and steel. Besides, South Korea is the 15th largest FDI investor of India. Total investment made by that country into India in 2024 amounted to $929 million.