Key facts
- South Korean President Lee Jae Myung stated that South Korea and Argentina will usher in a new era of cooperation.
- Lee emphasized the strategic importance of bilateral cooperation amidst changing international order, including the AI revolution and global supply chain shifts.
- The two nations agreed to strengthen cooperation on critical minerals.
- South Korea and Argentina also agreed to enhance South Korea's imports of Argentine crude oil, starting next year.
South Korean President Lee Jae Myung announced that South Korea and Argentina are set to enter a new era of cooperation, underscoring the increasing strategic importance of their bilateral relationship. Speaking to members of the South Korean community in Argentina, the final stop of his South American tour, Lee expressed confidence in the unfolding of this new cooperative phase.
Lee highlighted that amidst global shifts, including the artificial intelligence revolution and changes in supply chains, strategic bilateral cooperation is more crucial than ever. He noted that collaboration between the two nations is already yielding tangible results, particularly in areas such as critical minerals, energy, and infrastructure.
These remarks followed a summit meeting with Argentine President Javier Milei. During their meeting, both leaders reached an agreement to bolster cooperation concerning critical minerals and to enhance South Korea's imports of Argentine crude oil, with these imports set to commence next year.