South Korea to participate in Mongolia’s mining infrastructure constructions

Densmaa 2023-06-29 03:06

Society

This week, Mongolia’s Chief Cabinet Secretary Mr. Amarbayasgalan met South Korean Vice Foreign Minister Mr. Lee Do-hoon at the seventh meeting of the Mongolia-South Korea Joint Committee.

This week, Mongolia’s Chief Cabinet Secretary Mr. Amarbayasgalan met South Korean Vice Foreign Minister Mr. Lee Do-hoon at the seventh meeting of the Mongolia-South Korea Joint Committee, a regular high-level comprehensive consultative body, in Ulaanbaatar. During the meeting, Mongolia and South Korea agreed to boost cooperation in global supply chains, especially in mineral resources. Stressing the importance of maintaining close partnerships amid unstable supply chains in key minerals, Mr. Lee said South Korea will “participate actively” in supporting Mongolia in the development of its mineral resources and building relevant infrastructure. The United States will also join the two countries for trilateral high-level talks on Tuesday to discuss joint projects on resources exploration and investment, according to the ministry. Seoul has been working to deepen cooperation with resources-rich nations to ensure stable supplies of key minerals amid heated global competition and supply chain issues.