India and South Korea have signed five MoUs in the field of Science & Technology. Union Minister for Science & Technology, Dr Harsh Vardhan and his South Korean counterpart, You Young Min signed three MoUs for Programme of Cooperation 2018-21, Establishment of Future Strategy Group, Cooperation in Biotechnology and Bio economy. The MoU on Establishment of Future Strategy Group was signed by Indian Science & Technology and Commerce Ministers, while on the Korean side, it was signed by Science and ICT and Trade Ministers.
Two other MoUs were signed between Council of Scientific & Industrial Research (CSIR), and South Korean National Research Council for Science & Technology and IIT Mumbai and Korea Institute of Science &Technology, to further accelerate future-oriented cooperation in their respective sectors. The MoUs were signed at the conclusion of the 4th India-Korea Science and Technology Ministers Steering Committee Meeting.