The issue was raised during the meeting between Commerce and Industry Minister Piyush Goyal and Korean Trade Minister Yeo Han-koo.
Certain industry groups are of the view that due to some stringent regulatory issues in Korea, there are difficulties in terms of market access for Indian products.
"These barriers need to be addressed and some concessions need to be made on both sides," the official said.
Among the products that are facing market access issues in Korea are bovine meat, grapes, pomegranate, okra and eggplants.
The Indian side also raised its concerns over the widening trade deficit with Korea. The deficit has increased from USD 5 billion in 2008-09 to USD 8 billion in 2020-21.
Both the countries implemented the Comprehensive Economic Partnership Agreement (CEPA), a kind of freetrade pact, in January 2010.
Diese Geschichte stammt aus der January 12, 2022-Ausgabe von Millennium Post Delhi.
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