India Seeks Meaningful Market Opening in Korea CEPA Upgrade

India and Korea are discussing an upgrade to their trade agreement.

India wants the new agreement to do more than lower tariffs.

It wants Indian products to have real opportunities in Korea.

This includes access to Korean shoppers, stores, distribution systems, and factories.

India is asking for the rules to be clear and useful for businesses.

Lower taxes on imports may not be enough by themselves.

The agreement will be judged by whether Indian exporters can actually compete in Korea.

India also wants market access to be fair and effective.