South Korean President Lee Jae Myung Advocates for Enhanced India-Korea Strategic Partnership
As South Korean President Lee Jae Myung arrived in India for a state visit, he underscored the imperative for Korea and India to collaborate closely as emerging global leaders in an era of heightened geopolitical uncertainty. In an exclusive interview, President Lee articulated that the two nations possess the potential to redefine multilateralism, which is currently grappling with significant challenges.
Economic and Strategic Synergy Between Nations
President Lee highlighted that South Korea has achieved remarkable economic growth under the multilateral trading system, while India, with its vast economic scale and dynamism, is uniquely positioned to influence new global rules. He emphasized that their partnership is built on highly complementary economies and shared democratic values.
Key areas of cooperation include:
- Accelerating negotiations to upgrade the Comprehensive Economic Partnership Agreement (CEPA).
- Expanding collaboration beyond traditional sectors like electronics and automobiles into shipbuilding, finance, and defense industries.
- Enhancing ties in AI and digital technologies, leveraging Korea's infrastructure and India's talent pool.
Addressing Critical Global Challenges
On the issue of China's dominance in critical minerals, President Lee stated that reducing excessive dependence on any single country is crucial for economic security. He proposed that India's mineral resources combined with Korea's manufacturing capabilities could establish stable supply chains for advanced industries like rechargeable batteries and electric vehicles.
Regarding the Hormuz crisis, he stressed that ensuring the security of critical maritime routes is essential for both nations' survival. Korea commits to working with India to safeguard freedom of navigation in the Strait of Hormuz and diversify energy supply chains to mitigate global economic impacts.
Defense and Industrial Collaboration
President Lee expressed full support for India's Atmanirbhar Bharat initiative, noting that self-reliance benefits from international partnerships. He cited the K9 Vajra howitzer project as a successful example of defense cooperation, with over 60% of manufacturing done in India. Future efforts will focus on joint technology development, coproduction, and operations to advance both countries' defense ecosystems.
Vision for a Free and Open Indo-Pacific
In response to questions about U.S. commitment under President Trump, President Lee emphasized the interconnectedness of the Indian and Pacific Oceans. He called for like-minded countries, including Korea and India, to lead in strengthening multilateralism and a rules-based order in the Indo-Pacific region, addressing protectionism and supply chain restructuring.
President Lee concluded by expressing confidence that his visit would strengthen the friendship and trust between Korea and India, paving the way for a more result-oriented partnership in trade, technology, and global leadership.
