Heavy Han Meng will build a resource cooperation working group! What changes have been brought to the economic development of both sides?

South Korean media released the latest report, saying that South Korean Foreign Minister is visiting Mongolia. During this period, South Korean Foreign Minister park geun-hye publicly stated that South Korea will deepen its resource cooperation with Mongolia, and the two sides will set up a resource cooperation working group, and the specific plan will be completed as soon as possible. Communication and determination. This news was also confirmed by Mongolia. It is understood that this resource cooperation is mainly about rare metals. This measure will greatly promote the economy of South Korea and Mongolia, further realize the diversification of supply chain in Mongolia and obtain sufficient underground resources for South Korea to accelerate its economic development.

We should know that Mongolia is one of the top ten resource-rich countries in the world, and it is rich in rare metals, which is their advantage. However, due to the great difference of wealth level and extreme climate in Mongolia, other industries have not been well developed and Mongolia is in an embarrassing position, so the supply chain also has great limitations. However, this resource cooperation with South Korea will reorganize Mongolia's supply chain, which may open up new trade channels in Mongolia and help Mongolia achieve rapid economic development.

South Korea's own resources are relatively scarce, so the development of many industries is limited. In particular, the lack of rare metals makes South Korea need to spend a lot of imports to meet national consumption, with high cost and poor effect. However, once it cooperates with Mongolia on rare metals, South Korea can obtain rich underground resources at a very low price, carry out some new industrial construction, and even make substantial progress in aerospace, military and other fields.

Although there are still some problems in resource cooperation between the two sides, according to media reports, the two sides have been actively negotiating specific issues, especially in the field of economic security. Therefore, in addition to the above areas, the two sides will further enhance their economic security capabilities, which will also greatly promote economic development.