{"id":1156,"date":"2026-05-29T12:05:14","date_gmt":"2026-05-29T12:05:14","guid":{"rendered":"https:\/\/materials.simplycurrentaffairs.com\/?p=1156"},"modified":"2026-06-01T12:05:34","modified_gmt":"2026-06-01T12:05:34","slug":"india-korea-agree-to-address-indias-growing-bilateral-trade-deficit","status":"publish","type":"post","link":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/2026\/05\/29\/india-korea-agree-to-address-indias-growing-bilateral-trade-deficit\/","title":{"rendered":"India, Korea agree to address India\u2019s growing bilateral trade deficit"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-green-cyan-color\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>India, Korea agree to address India\u2019s growing bilateral trade deficit<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/mark><\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"><strong><strong>News<\/strong><\/strong><\/mark><\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The 12th round of negotiations on upgrading the existing trade agreement between India and South Korea was held recently, with South Korea agreeing to address\u00a0<strong>India\u2019s growing bilateral trade deficit.<\/strong>\u00a0<\/li>\n\n\n\n<li>The\u00a0<strong>India-Korea Comprehensive Economic Partnership Agreement (IK CEPA)<\/strong>\u00a0came into force in 2010.\u00a0<\/li>\n\n\n\n<li><strong>India\u2019s trade deficit with South Korea<\/strong>\u00a0stood at\u00a0<strong>$15.6 billion<\/strong>\u00a0in 2025-26, compared to\u00a0$5.1 billion\u00a0in the\u00a0financial year\u00a0ended March 2010.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>India, Korea agree to address India\u2019s growing bilateral trade deficit News<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-1156","post","type-post","status-publish","format-standard","hentry","category-key-takeaways"],"_links":{"self":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/comments?post=1156"}],"version-history":[{"count":1,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1156\/revisions"}],"predecessor-version":[{"id":1157,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1156\/revisions\/1157"}],"wp:attachment":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/media?parent=1156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/categories?post=1156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/tags?post=1156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}