Union Finance Minister Nirmala Sitharaman and Commerce Minister Piyush Goyal engaged with senior South Korean leaders in New Delhi to discuss strengthening economic ties and expanding trade. This meeting coincided with President Lee Jae Myung's three-day official visit to India, marking the first presidential trip from South Korea in eight years. The discussions focused on enhancing cooperation in the financial sector, particularly in fintech innovation, digital payments, and local currency settlement. Both ministers expressed a commitment to increasing bilateral trade to $50 billion by 2030. Goyal highlighted the need for a balanced trade relationship and greater Korean investments in India, while Sitharaman emphasized potential collaboration through India's National Investment and Infrastructure Fund (NIIF). Prime Minister Narendra Modi welcomed President Lee, underscoring the shared values and common Indo-Pacific vision between the two nations.