12th Round Of India-Korea CEPA Upgrade Negotiations Held In New Delhi

Pursuant to the Joint Declaration signed in April by Union Minister of Commerce and Industry Piyush Goyal and Korean Trade Minister , Ministry of Trade, Industry and Resources Mr. Yeo Han-koo during the State Visit of the President of the Republic of Korea to India, wherein both sides committed to accelerating the India-Korea Comprehensive Economic Partnership Agreement (IK CEPA) upgrade negotiations, the 12th round of IK CEPA upgrade negotiations was held in New Delhi from 25–27 May 2026.

The negotiations were co-chaired by Ms. Kapil Chaudhary, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, and Mr. Park Geun-oh, Director General for Trade Agreement Policy, Ministry of Trade, Industry and Energy (MOTIE), Republic of Korea.

Both sides reviewed the progress achieved so far in the IK CEPA upgrade negotiations. The discussions were held in a constructive and cooperative spirit, reflecting the strong bilateral relationship and the “Futuristic Partnership” envisioned by Prime Minister Shri Narendra Modi and President of the Republic of Korea Mr. Lee Jae-myung.(UPDATED ON 28TH MAY 2026)