At the recent Korea-Central Asia Cooperation Forum in Seoul, representatives from Korea and five Central Asian nations underscored the benefits of deepening cooperation in energy and critical minerals. Recognizing the importance of stable supply chains, especially in challenging times, both regions are taking steps to strengthen ties that would mutually benefit their economies and create new opportunities.
With a wealth of resources in Central Asia and Korea’s advanced technology sector, this collaboration aims to create a reliable supply chain framework for essential materials like minerals and energy. Korean officials highlighted that expanding these connections supports broader economic resilience and helps ensure steady supplies of critical inputs vital for industries across both regions.
Recent agreements between Korea, Uzbekistan, and Kazakhstan on mineral supplies illustrate the forward momentum in this partnership. Leaders from both regions expressed optimism about extending these agreements to include all five Central Asian countries, creating a foundation for sustained, long-term cooperation.
The forum also served as a platform to outline Korea’s “K-Silk Road” initiative, a new approach to fostering trade, innovation, and growth through collaborative resource development. By linking Korea’s technological expertise with Central Asia’s resource strengths, the initiative envisions a new era of economic opportunity and supply chain resilience.
Additionally, discussions covered potential collaborations in digital technology, climate resilience, and tourism, marking key areas where the partnership could expand. This year’s forum, ahead of a leaders’ summit scheduled for 2025, paves the way for stronger supply chain networks and a shared vision of growth and stability.
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