12th Round Of India-Korea CEPA Upgrade Negotiations Held In New Delhi

• India-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) is a bilateral FTA-plus deal originally in force since 2010; its upgrade negotiation is ongoing to rebalance trade and modernise coverage.
• The 12th Round held in New Delhi, 25–27 May 2026, agreed to constitute sub-groups on Digital Trade, Supply Chains and Strategic Industrial Cooperation — first such structural broadening in the upgrade track.
• Relevant for UPSC: GS-II (bilateral relations) and GS-III (external sector, trade agreements, RoO/NTBs).