Mongolia Identifies South Korea as a Vital Trading and Tourism Partner

This year marks the 35th anniversary of diplomatic relations between Mongolia and South Korea.

Key Highlights

• On August 21, Mongolian MP Tsogtbaatar Damdin hosted South Korean Vice-Minister of Foreign Affairs Park Yoonjoo in Ulan Bator.
• The number of mutual visits between citizens is reported to be 363,000 by the end of 2024.
• Tsogtbaatar expressed that South Korea is a key partner in Asia for Mongolia concerning trade and tourism, strengthening their longstanding partnership.
• Efforts to enhance tourism initiatives between the nations were discussed.

Noteworthy Remarks

Park noted the significant representation of women in Mongolia’s Parliament as a sign of democratic progress. He expressed contentment over the mutual understanding and people-to-people relations between the two countries, linked by close geographical ties.

Tsogtbaatar highlighted Mongolia’s commitment to improve legal conditions for foreign investments, learning from practices of regional neighbors.