Mongolian ambassador highlights rare earths, health care as future pillars of bilateral ties

As Korea races to secure stable supply chains for critical minerals and expand its global health care footprint, Mongolia is emerging as one of Seoul’s most strategically important partners in Northeast Asia. Rich in rare earth resources yet eager to move beyond raw material exports, Ulaanbaatar is now looking to combine its mineral wealth with Seoul’s advanced technology and investment capacity in a partnership that Mongolian Ambassador to Korea Sukhee Sukhbold says could redefine bilateral relations in the coming decade. In a recent interview with The Korea Times at the Mongolian Embassy in Seoul, Sukhbold described the relationship between Korea and Mongolia as one rooted in “brotherhood relations,” citing historical and cultural connections that predate the formal establishment of diplomatic ties in 1990. Today, the partnership is increasingly driven by strategic economic interests. Since upgrading their bilateral relationship to a strategic partnership in 2021, Korea and Mongolia have expanded cooperation across a range of sectors, including critical mineral supply chains,

Original source: Korea Times