Next round of India-Korea FTA review meeting from July 17 in Seoul

India and Korea are set to hold the next round of negotiations to upgrade their existing Comprehensive Economic Partnership Agreement (CEPA) from July 17-19. The talks aim to strengthen economic cooperation between the two countries by addressing issues related to implementation, rules of origin, customs procedures, and data sharing. India has also raised concerns about the growing trade deficit between the two countries, with exports to Korea dropping to USD 6.41 billion in 2023-24 and imports standing at USD 21.13 billion in the last fiscal year.