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President Lee Jae-myung, on a state visit to Mongolia, will attend the "Korea-Mongolia Business Forum" in Ulaanbaatar on the 9th (local time) alongside Mongolian President Ukhnaa Khurelsukh.
Kang Yu-jung, senior presidential spokesperson, announced this in a written briefing that day. The forum is co-hosted by Korea's Ministry of Trade, Industry and Energy and Mongolia's Ministry of Foreign Affairs, and jointly organized by the Korea Chamber of Commerce and Industry, KOTRA, and the Mongolian National Chamber of Commerce and Industry. About 300 people, including representatives of both governments and business leaders, are expected to attend.
From Korea, business representatives in fields such as critical minerals, distribution and consumer goods, and digital will attend, including POSCO Holdings Chairman Chang In-hwa and LS Chairman Koo Ja-eun. GS Retail, E-Mart, and LG CNS are among the participants. From Mongolia, major companies in fields such as minerals, distribution, and finance—including MCS Group, Tavan Bogd Group, and MAK (Mongolyn Alt) Group—are expected to attend.
In his congratulatory address, President Lee plans to call for expanding the mutually beneficial cooperation model between the two countries and broadening reciprocal cooperation in areas such as critical minerals and infrastructure. In addition, on the occasion of this forum, private-sector MOUs in fields such as critical minerals and energy, distribution and consumer goods, and digital will be signed in the presence of Korea's Minister of Trade, Industry and Energy and the relevant Mongolian minister.
As a side event to the forum, a "Korea-Mongolia Business Forum Export Consultation Meeting," involving about 20 Korean companies and 40 Mongolian companies, will also be held.
