During the G7 Summit in Kananaskis, Canada, Prime Minister Narendra Modi and South Korea's President Lee Jae-myung reaffirmed their commitment to deepen the strategic partnership between India and South Korea. The leaders discussed enhancing cooperation in sectors such as commerce, investment, technology, green hydrogen, and more. They also explored opportunities in culture and people-to-people contacts. President Lee expressed condolences for the recent Indian plane crash and emphasized elevating bilateral relations across various domains. Both countries share strategic interests in the Indo-Pacific region and are looking to strengthen collaboration through high-level communication and cultural exchanges. With nearly $27.5 billion in bilateral trade last year, the leaders highlighted the importance of expanding cooperation in the economy, advanced technology, defense, and culture. South Korea, a major investor in India, is expanding its presence in sectors like automobiles and electronics. The alignment of Korea's 'Act Southern' policy and India's 'Act East' policy is creating new momentum for economic cooperation. The outlook for investments is positive, with India emerging as an alternative to China amidst trade tensions. PM Modi invited President Lee to visit India, further solidifying the strong economic ties between the two nations.