Korea - US: Increasing cooperation on mineral security

SGGP 08/04/2023 06:09

According to Yonhap news agency, the South Korean Foreign Ministry said that senior diplomats from the country and the US held a phone call on August 3 to discuss measures to strengthen cooperation on important minerals and economic security.

The two sides agreed to cooperate closely to achieve success in the fields of technology and economic security through high-level exchanges, including the upcoming trilateral summit between the Republic of Korea, the United States and Japan; and to ensure the stability of supply chains of key minerals under the Mineral Security Partnership (MSP).

MSP is a Washington-led initiative to ensure stable supply chains of critical minerals used in advanced technologies. South Korea is one of the MSP partners, along with Canada, Australia, Japan...