This initiative, though in early stages, marks a significant shift in bilateral relations, as Seoul expands its strategic focus beyond East Asia.

The potential for India-South Korea cooperation gained momentum during Prime Minister Narendra Modi's meeting with South Korean President Yoon Suk-yeol on the sidelines of the G20 Summit in September.

Their discussions covered trade, investment, defense, and strategic technologies like semiconductors and battery tech, alongside regional issues and their bilateral Special Strategic Partnership.