India is presently holding the presidency of the G20 grouping.
Hiroshima:
Prime Minister Narendra Modi on Saturday held productive bilateral talks with South Korean President Yoon Suk Yeol throughout which they agreed to deepen cooperation in areas like commerce and funding, IT {hardware} manufacturing and defence and reaffirmed their dedication to additional strengthen bilateral ties.
They additionally mentioned India’s G20 presidency and South Korea’s Indo-Pacific technique.
The two leaders met on the sidelines of the summit of the Group of Seven (G7) superior economies in Hiroshima.
“PM @narendramodi had a productive assembly with @President_KR Yoon Suk Yeol. India and the Republic of Korea share a heat friendship and deep-rooted cultural linkages. Today’s talks targeted on methods to additional cement this friendship in key developmental sectors,” the Ministry of External Affairs (MEA) tweeted.
“Advancing – Special Strategic Partnership. PM @narendramodi met @President_KR Yoon Suk Yeol of the Republic of Korea,” it stated.
During the assembly, they reaffirmed their dedication to additional strengthen bilateral ties as the 2 nations rejoice 50 years of diplomatic relations this 12 months, it stated.
They agreed to deepen cooperation in areas of commerce and funding, excessive expertise, IT {hardware} manufacturing, defence, semiconductor, and tradition, the ministry stated.
They additionally mentioned India’s G20 presidency and South Korea’s Indo-Pacific technique, it stated.
India is presently holding the presidency of the G20 grouping.
South Korea launched its first complete regional technique, the Indo-Pacific Strategy in December 2022.
The US, India and a number of other different world powers have been speaking about the necessity to guarantee a free, open and thriving Indo-Pacific within the backdrop of China’s rising navy manoeuvring within the resource-rich area.
China claims almost the entire disputed South China Sea, although Taiwan, the Philippines, Brunei, Malaysia and Vietnam all declare elements of it. Beijing has constructed synthetic islands and navy installations within the South China Sea. China additionally has territorial disputes with Japan within the East China Sea.
PM Modi arrived in Hiroshima on Friday to attend three classes on the G7 summit following an invite by Japanese counterpart Fumio Kishida.