Lee returns from trip to India, Vietnam focused on economic ties

SEOUL: President Lee Jae Myung returned home from his two-nation swing to India and Vietnam, where he focused on expanding strategic cooperation in energy and supply chains to address uncertainties stemming from the Middle East conflict.

Lee wrapped up the six-day trip after holding summits with leaders of the two countries, aimed at deepening economic and strategic ties across various areas, reports Yonhap news agency.

On Monday, Lee held a bilateral summit with Indian Prime Minister Narendra Modi in New Delhi and agreed to step up economic cooperation in critical minerals, energy, artificial intelligence, finance and shipbuilding, among other sectors.

The two sides also pledged to accelerate talks to upgrade their Comprehensive Economic Partnership Agreement, which the countries say will help double their bilateral trade to US$50 billion by 2030 from the current $25 billion.

On Wednesday, Lee held summit talks with Vietnam's top leader To Lam in Hanoi and agreed to forge closer economic ties across energy, infrastructure and technology, and step up coordination for supply chains.