In South Korea, Sushma Swaraj calls for co-production of LNG tankers

Official sources said that during her meeting with the South Korean minister, Swaraj talked about the need for a “level playing field” for Indian pharmaceuticals and software exports.

Sources said that among the specific issues discussed was the possibility of South Korean co-production of LNG (liquefied natural gas) tankers with Indian shipyards.

The Indian government is considering both outright purchase as well as co-production of LNG tankers, given the projected growth in Indian need for LNG. Sources said Swaraj made a strong pitch for South Korean partnership in this area. The two ministers also discussed possibilities of addressing the trade deficit which is in favour of South Korea.