India and the Republic of Korea (ROK) have formalized a Joint Strategic Vision to enhance their Special Strategic Partnership, focusing on economic and security cooperation. This initiative was confirmed by India's Ministry of External Affairs (MEA) following a meeting between Indian Prime Minister Narendra Modi and ROK President H.E. Lee Jae Myung. They signed a Memorandum of Understanding (MOU) to establish the India-ROK Industrial Cooperation Committee, targeting critical sectors such as semiconductors, shipbuilding, and green hydrogen. The leaders also welcomed the establishment of a 6 MMT Integrated Steel Plant in Odisha, developed through a partnership between POSCO and JSW. Additionally, they agreed to resume negotiations on the Comprehensive Economic Partnership Agreement (CEPA) to boost trade. In defense, both nations plan to advance their cooperation through the 'Korea-India Defence Accelerator' and other initiatives. The partnership aims to bring lasting prosperity and peace to both countries over the next five years.