Korea will officially launch a rare metals cooperation center in Mongolia this week to help the East Asian nation strengthen the industrial value of its rare-earth metals reserves, Seoul's Ministry of Trade, Industry and Resources said Thursday.
A Korean NGO is helping Mongolian pastoralists support themselves using Korea's own development experience of the 1970s.
Korean culture is increasingly influencing Mongolia, evident through the popularity of Korean convenience stores, the Emart chain and Korean-style apartments, reflecting the longstanding relations and cultural exchange between the two nations.
Halla University in Gangwon has been selected to train professionals for the construction of a metro system in Ulaanbaatar, the capital of Mongolia.
Korean burger and fried chicken franchise, Mom's Touch, expands globally, opening stores in Japan, Thailand, and Mongolia. There are plans to find local partners in Japan.
Emart opened its fourth store in Mongolia, the Bayangol branch, on Thursday.
The first Mongolian CU convenience store opens on Thursday inside the New Ulaanbaatar International Airport. There are two stores within the airport, CU's operator BGF Retail said.
Korea JoongAng Daily Sitemap
