NEW DELHI: On this interval of world tensions, India and South Korea collectively ship a message of peace and stability, mentioned PM Narendra Modi as he hosted President Lee Jae Myung for bilateral talks and introduced a sequence of initiatives to boost the particular strategic partnership between the 2 international locations.These included the launch of an India-Korea digital bridge to deepen partnership in AI, semiconductors and knowledge expertise and in addition the signing of MoUs in areas like shipbuilding, sustainability, metal and ports. PM Modi mentioned that the 2 sides have been laying the inspiration for the success tales of the following decade, with the frequent agenda of doubling commerce to $50 billion by 2030.The 2 international locations signed over a dozen MoUs, together with a joint declaration on Resuming the Negotiations to improve the Complete Financial Partnership Settlement (CEPA) between India and South Korea.Forward of his assembly with PM Modi, Lee had instructed TOI in an interview {that a} key precedence was accelerating negotiations to improve the CEPA.The go to by Lee additionally noticed main outcomes like a Joint Strategic Imaginative and prescient for the India-Republic of Korea (ROK) Particular Strategic Partnership, India-ROK Complete Framework for Partnership in Shipbuilding, Delivery & Maritime Logistics, India-ROK Joint Assertion on Cooperation in Discipline of Sustainability and India-ROK Joint Assertion on Power Useful resource Safety.PM Modi mentioned that democratic values, a market economic system and respect for the rule of regulation have been embedded within the nations’ DNA.“From chips to ships, from expertise to expertise, from setting to vitality, we are going to realise new alternatives for cooperation throughout sectors and collectively guarantee progress and prosperity for each international locations.” PM Modi mentioned.