Seoul, April 4
South Korea and India held a joint forum on growth strategy on Friday and discussed measures to expand bilateral cooperation in trade, Seoul's industry ministry said.
In the Seoul forum, the two sides discussed advancing collaboration in trade and investment, as well as future industries, such as advanced manufacturing and renewable energies, as special strategic partners, according to the Ministry of Trade, Industry and Energy, reports news agency.
The two countries upgraded their bilateral relations to a special strategic partnership in 2015 to boost their comprehensive cooperation in trade, defence and technology.
The forum, co-hosted by the industry ministry and the Embassy of India in Seoul, took place just a day after the U.S. administration announced plans to impose country-by-country reciprocal tariffs, raising concerns over a global trade war.
South Korea is subject to 25 per cent reciprocal duties and India 27 per cent.