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Prime Minister Narendra Modi and South Korean President Yoon Suk Yeol have reviewed the progress in the bilateral strategic partnership and agreed to deepen cooperation in areas like trade and investment, defence, semiconductors and cutting-edge technologies. They also discussed India's G20 presidency and South Korea's Indo-Pacific strategy. The Ministry of External Affairs (MEA) said they reviewed the progress of the India, Republic of Korea Special Strategic Partnership and discussed ways to strengthen bilateral cooperation, particularly in areas of trade & investment, high technology, IT hardware manufacturing, defence, semiconductors and culture.ff

President Yoon Suk Yeol appreciated Prime Minister Modi's leadership of the G-20 and conveyed his support. Prime Minister looked forward to President Yoon's visit to India for the G20 Leaders' Summit in September this year. India is presently holding the presidency of the G20 grouping. Prime Minister Modi welcomed the Republic of Korea's Indo-Pacific strategy and the importance attached to India in it. South Korea launched its first comprehensive regional strategy, the Indo-Pacific Strategy in December 2022.

Yoon and Modi also discussed issues related to the Korean Peninsula, the Indo-Pacific and beyond, sharing the view that the two like-minded nations are building a firm framework for cooperation on the basis of democratic solidarity. They agreed to jointly contribute to regional peace and stability by harmonising South Korea's Indo-Pacific Strategy and India's Act East Policy. They also agreed to jointly support efforts to fight climate change and help develop emerging and developing nations in the so-called Global South.