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South Korea-Mongolia Cooperation

South Korea ๐Ÿ‡ฐ๐Ÿ‡ท Economy & Trade

4 articles from 1 country

South Korean President Lee Jae-myung met with Mongolian President Ukhnaa Khurelsukh to boost cooperation in critical minerals and work towards peace on the Korean Peninsula. The leaders also agreed in principle to an economic partnership deal.

๐Ÿ‡ฐ๐Ÿ‡ท South Korea/Korean NEW

South Korea, Mongolia to Boost Critical Mineral Cooperation, Work for Korean Peninsula Peace

- South Korean President Lee Jae-myung and Mongolian President Oyun-Erdene Luvsannamsrai agreed to expand cooperation in critical minerals like rare earths. - The leaders aim to increase bilateral trade to $1 billion by 2030, building on a Comprehensive Economic Partnership Agreement (CEPA). - Both nations committed to working together for peace on the Korean Peninsula, with Mongolia's historical โ€ฆ