ULAANBAATAR — President Lee Jae-myung, who is on a state visit to Mongolia, will attend the Korea-Mongolia Business Forum in Ulaanbaatar on the 9th together with Mongolian President Ukhnaa Khurelsukh.
Senior presidential spokesperson Kang Yu-jung announced the schedule in a written briefing the same day. The forum is co-hosted by Korea's Ministry of Trade and Industry and Mongolia's Ministry of Foreign Affairs, and jointly organized by the Korea Chamber of Commerce and Industry (KCCI), KOTRA and the Mongolian National Chamber of Commerce and Industry. Some 300 participants, including government officials and business representatives from both countries, are expected to attend.
From Korea, corporate leaders in sectors including critical minerals, retail and consumer goods, and digital will attend, led by POSCO Holdings Chairman Chang In-hwa and LS Holdings Chairman Koo Ja-eun. Participating companies include GS Retail, E-mart and LG CNS. From Mongolia, major companies in the minerals, retail and finance sectors — including MCS Group, Tavan Bogd Group and MAK (Mongolyn Alt) Group — are expected to attend.
In his congratulatory remarks, President Lee plans to call for expanding mutually beneficial cooperation between the two countries, including broadening their win-win cooperation model and strengthening cooperation in critical minerals and infrastructure. On the occasion of the forum, private-sector memorandums of understanding (MOUs) in fields including critical minerals and energy, retail and consumer goods, and digital will be signed in the presence of Korea's trade minister and relevant Mongolian ministers.
As a side event, the Korea-Mongolia Business Forum Export Consultation Session will also be held, bringing together some 20 Korean companies and about 40 Mongolian companies.
