South Korea’s President Lee Jae Myung arrives in Ulaanbaatar for a three-day state visit to Mongolia, the first by a Korean head of state in 15 years. During the visit, he holds a bilateral summit with Mongolian President Ukhnaagiin Khurelsukh focused on strengthening cooperation on supply chains and trade, including critical minerals such as rare earth elements. The two sides also discuss how Mongolia’s long-standing ties with North Korea can support efforts to promote peace and prosperity on the Korean Peninsula. Cheong Wa Dae says the timing and agenda reflect both countries’ interest in expanding diplomatic engagement, describing Seoul’s “pragmatic diplomacy” and Ulaanbaatar’s “Third Neighbor Policy” as aligned approaches. The visit also includes participation in a business forum to explore additional areas of cooperation. Lee is expected to present a shared vision for a “golden era” in bilateral relations. On Saturday, he is scheduled to attend the opening ceremony of Mongolia’s Naadam Festival as a special guest before returning home. The visit follows Lee’s attendance at the NATO summit in Ankara earlier this week.
South Korea’s President Lee meets Mongolia to expand critical minerals and Peninsula cooperation
South Korea’s President Lee Jae Myung arrives in Ulaanbaatar for a three-day state visit to Mongolia, the first by a Korean head of state in 15 years. During the visit, he holds a bilateral summit wit...
- President Lee Jae Myung visits Mongolia for three days and holds a bilateral summit with President Ukhnaagiin Khurelsukh.
- The leaders discuss expanding cooperation on critical minerals, including rare earth elements, to strengthen trade and supply chains.
- The talks include views on promoting peace and prosperity on the Korean Peninsula, leveraging Mongolia’s friendly ties with North Korea.
- The trip is the first Mongolian state visit by a Korean president in 15 years and comes about a year after Lee took office in June 2025.
- Lee also plans to attend a business forum and the Naadam Festival opening ceremony during the visit.
ULAANBAATAR — The leaders of South Korea and Mongolia discussed expanding cooperation on critical minerals, including rare earth elements, to build a resilient and complementary partnership in trade and supply chains during their summit in Ulaanbaatar, Thursday. President Lee Jae Myung also exchanged views with Mongolian President Khurelsukh Ukhnaa on promoting peace and prosperity on the Korean Peninsula by leveraging Mongolia's decades-long friendly ties with North Korea. The bilateral summit took place on the first day of Lee’s three-day state visit to Mongolia — the first by a Korean head of state in 15 years and just one year after Lee took office in June 2025. According to Cheong Wa Dae, the timing reflected the two countries’ view of each other as key partners in diversifying their diplomatic horizons, with Seoul’s “pragmatic diplomacy” aligning with Ulaanbaatar’s “Third Neighbor Policy.” The presidential office said critical minerals were high on the agenda, as resource-rich Mongolia offers Korea an opportunity to diversify and strengthen its supply chains ami
1 hour agoULAANBAATAR — President Lee Jae Myung arrived in Ulaanbaatar on Thursday on a state visit that will include a bilateral summit with Mongolian President Ukhnaagiin Khurelsukh. Lee's trip marks the first state visit to Mongolia by a Korean president in 15 years, as Seoul seeks to strengthen cooperation with the resource-rich country in supply chains, including those involving rare earths. On the first day of his three-day visit, Lee will hold a summit with the Mongolian president, during which the two leaders are expected to declare a "golden era" of bilateral ties, presenting a shared vision for future cooperation. Lee will also attend a business forum aimed at exploring new areas of cooperation. On Saturday, the Korean president will attend the opening ceremony of this year's Naadam Festival, Mongolia's largest and most significant cultural celebration, as a special guest before heading home. Mongolia is the second leg of Lee's two-nation trip, following his attendance at the two-day North Atlantic Treaty Organization summit in Ankara earlier this week.
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