South Korea President Lee calls for free-trade pact with Mexico

Lee: Lee Jae Myung is the President of South Korea. He made the call for resuming free trade agreement talks with Mexico during a state visit and business forum in Mexico City as part of broader efforts to strengthen bilateral economic cooperation. His statements were issued in the context of recent summit agreements on industrial and supply chain collaboration. Blue House: The Blue House, also known as Cheong Wa Dae, serves as the official residence and executive office of the President of South Korea. It functions as the primary channel for official presidential communications and policy announcements. In this news, the Blue House issued the report on President Lee's call for a free-trade pact with Mexico. South Korea: The Republic of Korea is an East Asian nation with a major export-driven economy focused on technology, automobiles, and advanced manufacturing. It maintains active diplomatic and trade relations across the Americas as part of efforts to diversify partnerships amid shifting global supply chains. In this news, South Korea is advancing its economic ties with Mexico through the president's public call for renewed trade negotiations. Investment Framework: The two countries concluded long-running negotiations to revise their bilateral investment protection agreement, aiming to facilitate smoother trade and investment flows. Bilateral Cooperation: South Korea and Mexico recently adopted a 2026-2030 joint action plan to expand ties in advanced industries such as AI, defense, and aerospace. Supply Chain Dialogue: Leaders agreed to launch new ministerial channels for cooperation on supply chains, crude oil, and critical resources during their recent summit.