Tuesday, 27th May 2025

ANI News

India and South Korea are engaging in high-level discussions to address the trade imbalance and deepen cooperation in emerging sectors, particularly green hydrogen. Speaking to ANI, Indian Ambassador to South Korea, Amit Kumar, emphasized that while trade between the two nations is growing, there is a pressing need to address the existing trade deficit. He pointed to green hydrogen as a sector with immense potential for partnership, citing complementary strengths—India’s renewable energy ecosystem and South Korea’s advanced hydrogen technology. Kumar expressed optimism that this synergy could lead to significant progress in joint projects, investments, and technology transfer. He also underlined broader economic cooperation under the Comprehensive Economic Partnership Agreement (CEPA) and ongoing efforts to upgrade the pact to boost trade, investment, and innovation. The envoy’s remarks come as both countries aim to align on climate goals and sustainable energy development, with green hydrogen emerging as a strategic pillar in their bilateral agenda.