Korea, Mexico to Open Channel on Oil, Critical Minerals Supply

Politics|
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By Kwon Wookukkwon@sedaily.com
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President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum shake hands after a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook - Seoul Economic Daily Politics News from South Korea
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum shake hands after a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum leave after a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook - Seoul Economic Daily Politics News from South Korea
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum leave after a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum hold a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook - Seoul Economic Daily Politics News from South Korea
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum hold a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook

MEXICO CITY — President Lee Jae-myung said on the 24th that South Korea and Mexico will establish a government-to-government dialogue channel on cooperation in crude oil and critical mineral supply chains.

Lee made the announcement at a joint press briefing after holding a summit with Mexican President Claudia Sheinbaum at the National Palace in Mexico City. Lee is on a state visit to Mexico.

President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum shake hands after a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook - Seoul Economic Daily Politics News from South Korea
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum shake hands after a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum hold a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook - Seoul Economic Daily Politics News from South Korea
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum hold a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook

"Since our phone call in May, President Sheinbaum has provided great help in ensuring additional crude oil volumes are supplied to our companies," Lee said. "We agreed to continue cooperating for stable crude oil imports."

Citing the Spanish saying "la unión hace la fuerza," or "unity creates strength," Lee said, "I hope our bilateral relations will open a new chapter based on today's discussions."

President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum hold a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook - Seoul Economic Daily Politics News from South Korea
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum hold a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum hold a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook - Seoul Economic Daily Politics News from South Korea
President Lee Jae Myung, on a state visit to Mexico, and Mexican President Claudia Sheinbaum hold a joint press announcement at the National Palace in Mexico City on Nov. 24 (local time). Mexico City — Kwon Wook

Original reporting by Kwon Wook for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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