India and South Korea to review FTA May 25 as trade gap widens

Published on 6 May 2026

India wants a fresh deal to fix a widening deficit

India and South Korea are set to meet on May 25 to review their economic partnership agreement amid a growing trade deficit. India has proposed negotiating a new bilateral trade deal to make trade more balanced and tackle the widening gap. Both sides also aim to double bilateral commerce by 2030, turning the review into a possible reset for negotiations.

India and South Korea meet on May 25 for an FTA review
A proposed new bilateral trade agreement targets the widening deficit
Both countries want a more balanced trade relationship
The goal is to double bilateral trade by 2030

#foreign trade #trade deficit #south korea #fta #india

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India and South Korea to review FTA May 25 as trade gap widens

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