South Korean President Lee Jae Myung to attend NATO summit, visit Mongolia | PiQ Markets
2 storiesGeopolitics & Global Risk
South Korean President Lee Jae Myung to attend NATO summit, visit Mongolia
window 24h
IN SHORT
President Lee Jae Myung of South Korea is set to attend a NATO summit in Ankara, Turkey, from July 7-8 to enhance defense industry collaboration. Following the summit, he will embark on a three-day state visit to Mongolia starting July 9, focusing on strengthening bilateral ties and discussing critical minerals. Meanwhile, Pope Leo XIV has expressed a keen interest in fostering peace on the Korean Peninsula, with Cardinal Lazzaro You Heung-sik suggesting a papal visit to North Korea could be possible if resident Catholic clergy are established there.
✉Newsletter
PiQ Daily
Pick your topics. Get only what matters, on your cadence.
Key Numbers
3-dayMongolia state visit duration
July 7-8NATO summit dates
July 9Mongolia visit start date
Who's Involved
Lee Jae Myung
President of South Korea attending NATO summit and visiting Mongolia
NATO
military alliance holding a summit in Ankara, Turkey
Mongolia
nation hosting President Lee Jae Myung for a state visit
Pope Leo XIV
Pontiff interested in Korean Peninsula peace
Cardinal Lazzaro You Heung-sik
official expressing hope for papal visit to North Korea
Key facts
President Lee Jae Myung will attend a NATO summit in Ankara, Turkey.
The NATO summit will take place from July 7-8.
The summit aims to foster defense industry cooperation.
President Lee Jae Myung will visit Mongolia for a three-day state visit.
The visit to Mongolia begins on July 9.
Discussions with Mongolia will focus on critical minerals.
Pope Leo XIV is interested in peace on the Korean Peninsula.
Cardinal Lazzaro You Heung-sik believes a papal visit to North Korea is possible.
Stationing resident Catholic clergy in North Korea could facilitate a papal visit.
President Lee Jae Myung of South Korea is scheduled to participate in a NATO summit in Ankara, Turkey, taking place from July 7-8. The primary objective of his attendance is to cultivate cooperation within the defense industry. Following the NATO summit, President Lee will travel to Mongolia for a three-day state visit commencing on July 9. This visit aims to bolster bilateral relations between South Korea and Mongolia, with discussions anticipated to include critical minerals.
Separately, Pope Leo XIV has conveyed a significant interest in promoting peace across the Korean Peninsula. Cardinal Lazzaro You Heung-sik shared this sentiment, expressing optimism about the potential for a papal visit to North Korea. The cardinal indicated that the establishment of resident Catholic clergy in North Korea could serve as a facilitating factor for such a visit. This suggests a diplomatic and religious initiative aimed at de-escalating tensions and fostering dialogue on the peninsula.
↳ Why This Matters
President Lee Jae Myung of South Korea is scheduled to participate in a NATO summit in Ankara, Turkey, taking place from July 7-8. The primary objective of his attendance is to cultivate cooperation within the defense industry. Following the NATO summit, President Lee will travel to Mongolia for a three-day state visit commencing on July 9. This visit aims to bolster bilateral relations between South Korea and Mongolia, with discussions anticipated to include critical minerals.
Frequently asked questions
President Lee Jae Myung will attend the NATO summit in Ankara, Turkey, from July 7 to 8.
The main objective is to build defense industry cooperation between South Korea and NATO member countries.
He will meet NATO Secretary General Mark Rutte and leaders from Indo-Pacific countries, including Japan, New Zealand, and Australia.
South Korea views Mongolia as a key partner for critical minerals and for contributing to peace on the Korean Peninsula.
What Happens Next
01President Lee will attend the NATO summit in Ankara.
02President Lee will hold a summit with the Mongolian President.
03Multiple memorandums of understanding are expected to be signed between South Korea and Mongolia.
Get the newsletter.
Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.
