During his recent state visit to India, South Korean President Lee Jae Myung emphasized the need for stronger cooperation between South Korea and India as they rise as global leaders amid increasing geopolitical uncertainty. In an exclusive interview, he recognized India as a crucial partner due to its vast economic potential and democratic values, which align well with Korea’s growth story under the multilateral trading system.
Lee pointed out that collaboration in various sectors—such as trade, technology, critical minerals, defense, and shipbuilding—is essential. He underlined the importance of diversifying supply chains, particularly in critical minerals, where both nations can benefit from India’s resources and Korea’s advanced manufacturing capabilities. Lee stressed that reducing reliance on any single country, particularly regarding China’s dominance in critical minerals, is vital for both nations’ economic security.
On the critical maritime route through the Strait of Hormuz, Lee noted that both countries heavily depend on energy supplies from the Middle East. He affirmed Korea’s commitment to work with India to ensure freedom of navigation, given its importance for global energy security. Collaborative efforts in international forums will help maintain open maritime routes and further diversify energy supply chains.
The defense partnership, notably through the co-production of K9 Vajra howitzers, showcased a successful example of bilateral cooperation. Lee pledged Korea’s full support for India’s Atmanirbhar Bharat initiative, which aims for self-reliance in defense production. He mentioned that over 60% of the manufacturing process for the K9 howitzer would occur in India, reflecting a model for future defense collaborations emphasizing joint technology development.
Lee expressed aspirations for an elevated partnership in critical energy transition minerals and the shipbuilding sector, leveraging Korea’s expertise to assist India’s ambitions in becoming a global logistics and manufacturing hub. He envisioned a scenario where vessels built through this partnership would navigate international waters, enhancing both countries’ shipping capabilities.
Addressing geopolitical tensions, Lee remarked on the shifting focus of the U.S. and highlighted the necessity for countries in the Indo-Pacific to collaborate to ensure stability and uphold a rules-based order. He emphasized the dynamic potential of the Indo-Pacific region and reiterated Korea and India’s roles in leading efforts to strengthen multilateralism in this interconnected maritime space.
Overall, Lee’s visit represents a significant step toward deepening the special strategic partnership between South Korea and India, fostering collaborative growth and resilience amid a changing global landscape.
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