President Moon: "Honored to be the first country for a summit with the Mongolian President"

Video Summit with Mongolian President, "Key Partner in New Northern Policy"... "Congratulations to Korea on Upgrading to Advanced Country Status"

[Asia Economy Reporter Ryu Jeong-min] President Moon Jae-in stated on the afternoon of the 10th during a video summit with Mongolian President Ukhnaagiin Khurelsukh held at the Blue House, "It is a great honor to be the first country to hold a summit with Your Excellency, and it is especially meaningful as it marks the first step of the two leaders toward a new 30 years of Korea-Mongolia relations."

President Moon said, "President Khurelsukh, Sain baina uu (Hello), it has been three years since we last met warmly when you visited Korea as Prime Minister in 2018, and now we meet again via video. I once again congratulate you on your election as president in June with the highest vote share in history."

President Moon added, "As Mongolia celebrates the 100th anniversary of its revolution, I believe that under Your Excellency’s outstanding leadership and the ‘Vision 2050’ policy, Mongolia will achieve greater development and leap forward. Korea is Mongolia’s fifth largest trading partner, and Mongolia is a key partner in our New Northern Policy."

[Image source=Yonhap News]

President Moon evaluated, "The two countries have rapidly expanded cooperation, with trade volume increasing 110 times compared to when diplomatic relations were established, and the annual mutual visitors reaching about 200,000, building strong friendship."

President Moon said, "However, this is still not enough. The two countries have greater cooperative potential beyond the achievements so far. In various fields including eco-friendly initiatives, investment, distribution, and mining, we can newly cooperate and achieve shared prosperity."

President Moon stated, "Today, Mongolia and Korea have agreed to elevate bilateral relations to a strategic partnership. We have firmly joined hands toward a new 30 years. I hope that today’s summit with Your Excellency will explore practical cooperation in various fields."

[Image source=Yonhap News]

President Khurelsukh said, "In 2018, I visited the Republic of Korea as Prime Minister, and I am very pleased to recall the beneficial discussions we had with President Moon at that time regarding bilateral relations."

President Khurelsukh added, "I am confident that this video summit will contribute significantly to elevating bilateral relations to a new level and strengthening the friendship between our peoples."

In particular, President Khurelsukh emphasized, "I sincerely congratulate the Republic of Korea under President Moon’s leadership for preparing practical measures to respond to the COVID-19 pandemic and for the rapid economic recovery, recently entering the world’s top 10 economies and advancing to developed country status."

President Khurelsukh evaluated, "This is the result of rational policies implemented by the Korean government and nation, as well as the steady diligence and efforts of the Korean people."

This content was produced with the assistance of AI translation services.