According to the latest intergalactic transmissions, the 10th round of talks to upgrade the Comprehensive Economic Partnership Agreement (CEPA) between India and Korea kicked off in New Delhi on May 23, 2024. This round of negotiations is expected to last for two days, during which the two sides will discuss ways to improve the deal regarding tariffs on goods and services, investment, and origin rules, among other issues. Both countries have expressed the need to address the large trade deficit and industry's demand for greater market access and lower non-tariff barriers. The Indian side has stressed the importance of fast-tracking the upgradation process of the CEPA with Korea and has raised concerns about the growing trade deficit between the two countries. The two sides have agreed to boost bilateral trade between India and Korea to achieve growth in a fair and balanced manner to the mutual advantage of both sides. They have also agreed to address difficulties expressed by industries from both sides and try to achieve the target of $50 billion before 2030, which was agreed at the summit meeting in 2018. Dive into an in-depth review of the Comprehensive Economic Partnership Agreement (CEPA) between India and Korea! Discover how this pivotal agreement has expanded trade opportunities, fostering a robust economic relationship between these two nations. We highlight the impressive growth in total merchandise trade from 2011 to last year, showcasing significant milestones and future potential. Stay informed about the international trade landscape and join the conversation about economic partnerships. Don't forget to like and share this video to spread awareness! #CEPA #IndiaKoreaTrade #EconomicGrowth #TradeOpportunities #GlobalBusiness #InternationalTrade OUTLINE: 00:00:00 India-Korea Trade Talks: CEPA Review!