Archive · 18 Dec 2025
India and South Korea Discuss CEPA Upgrade
India and South Korea are talking about making their trade agreement better.
They have had this agreement for 10 years and think it's time to improve it.
They want more Korean companies to invest in India, especially in areas like making ships, computer chips, and defence equipment.
Also, more people from both countries are visiting each other, which shows their relationship is getting stronger.
India and South Korea are considering upgrading their Comprehensive Economic Partnership Agreement (CEPA).
The current CEPA has been in place for 10 years.
South Korea is looking to invest more in India, particularly in shipbuilding, semiconductors, and the defence industry.
India is reviewing and upgrading its Free Trade Agreements (FTAs) with other countries.
Travel between India and South Korea has doubled from 100,000 people in 2023 to 200,000 people in 2025.
- Who
- India and South Korea
- What
- Discussion on upgrading the Comprehensive Economic Partnership Agreement (CEPA)
- When
- Not specified
- Where
- India and South Korea
- Why
- To strengthen trade relations and encourage investments in strategic areas
- Countries Involved
- India and South Korea
- Current Agreement
- Comprehensive Economic Partnership Agreement (CEPA)
- Duration of CEPA
- 10 years
- Proposed Investment Areas
- Shipbuilding, semiconductors, and defence industry
- 2023 Travel Figures
- 100,000 Koreans to India and vice versa
- 2025 Travel Figures
- 200,000 Koreans to India and 200,000 Indians to Korea