India, South Korea aim to deepen ties amid geopolitical uncertainty. Here is what's holding them back.

India and South Korea reaffirmed plans to expand trade to $50 billion by 2030, a target first announced in 2018. Trade between India and Korea grew at a compounded annual rate of just 3% from 2018 to 2025 to reach $26.89 billion in the financial year ending March 2025.