Korea and Mongolia Set ‘Golden Age’ Agenda for Critical Minerals and Regional Peace
Presidents Lee Jae Myung and Khurelsukh Ukhnaa adopted a joint declaration during the first state visit to Mongolia by a South Korean president in 15 years. In his official press statement, President Lee said the countries would expand economic, trade and investment cooperation and strengthen supply-chain work, including critical minerals. The leaders also discussed peace and stability on the Korean Peninsula and in Northeast Asia. The declaration sets a political framework for the strategic partnership; concrete commercial projects and implementation schedules will require follow-up agreements.