South Korean President Moon Jae-in is on a four-day visit to India. On Sunday He arrived in New Delhi, during his visit, an important meeting was organized between South Korean President and Prime Minister Narendra Modi which emphasized on key issues like the situation on the Korean peninsula, and ways to uplifts trade and defense cooperation. The South Korean visit has also been assumed in order to see Asia’s third and fourth largest economies to build new partnerships in the economic globe with some big-ticket investment declaration.

It is always noticed that South Korean President Moon Jae-in’s visit always comes with a lot of changes and focused on creating an international relationship with North-East Asia. Regarding this, in April Moon Jae-in met with the reclusive North Korean leader Kim Jong-un.  After that, a meeting was held between Kim and US President Donald Trump last month.

However, In 2015 Prime Minister Narendra Modi visited South Korea and had a great discussion with former South Korean President Park Geun-Hye on the economic issues and strong ties between the two nations,

In the last visit of Narendra Modi to South Korea, there was signed 7 deal that elevated to the special strategic partnership between two nations. In 2015, it had been sought too many flagship programmes of the government including Skill India and Make in India. For infrastructure development in India, there had been set financial arrangements by South Korea.
As per one of the source, during the presidential election campaign in 2017, In South Korea, It had been pledged by Moon that he would elevate ties with India to boost Korea’s relations with the four major powers in and around the Korean Peninsula, China, Japan, Russia and the United States.

According to the Indian foreign ministry, on Tuesday, South Korean President Moon Jae-in will have official talks with the Prime Minister Narendra Modi.
in the last week, Indian foreign ministry spokesman Raveesh Kumar told that
“We expect the visit to open new partnership, particularly in the economic domain. The Republic of Korea is a valued partner. Our bilateral trade last year passed $20 billion and investments are also rising,”
However, As per the former Indian ambassador to South Korea Vishnu Prakash, the toes between the two nations seemed to have got over the discomfort because of South Korea not being able to accomplish a $12 billion planned investment by its steel giant Posco. He further added that in 2005, There was floated the proposal for a 12-million-tonne-capacity steel plant in Odisha and seen as India’s largest foreign direct investment plan as well. But, it had been pulled out of the project by the South Korea firm last year after waiting for 12 years for clearances and being caught up in public resistance to the project.
apart from this, he further said that “Posco was certainly an unhappy experience. But I think that has been left behind with South Korean investments worth $600 million coming in last year,”