President Lee Jae-myung met with Australian Prime Minister Anthony Albanese on September 22 (local time) to discuss expanding cooperation in supply chain management and defense, as well as critical minerals and clean energy, in response to the energy crisis stemming from the Middle East.
The meeting took place at the South Korean mission to the United Nations in New York, coinciding with the high-level segment of the 81st UN General Assembly. This marks the third bilateral meeting between the two leaders, following their discussions at last year's G7 and APEC summits.
In his public remarks, President Lee noted, "Australia is likely facing various challenges due to the ongoing conflict in the Hormuz region, and South Korea has experienced some disruptions in its energy supply chain. Thanks to Australia's support and cooperation, South Korea's energy market remains relatively stable."
He expressed gratitude for Australia's assistance and pledged to cooperate as much as possible in resolving issues related to Australia.
Prime Minister Albanese responded, stating, "Australia and South Korea are good allies that share similar worldviews. Our values align in pursuing multilateralism and security." He added that the two countries are collaborating closely in the economic sector, particularly in energy supply.
During a private meeting, the leaders reaffirmed that both nations are key partners in supplying major energy resources, including liquefied natural gas (LNG) and petroleum products. They agreed to work closely to establish a stable and resilient regional supply chain in light of global uncertainties.
Albanese described South Korea as a reliable partner in critical minerals and clean energy, highlighting the potential for enhanced cooperation by combining South Korea's manufacturing capabilities with Australia's abundant resources.
President Lee expressed interest in Australia's renewable energy policies for AI data centers and energy price trends. The two nations agreed to continue exploring specific collaboration opportunities in these areas.
The leaders also exchanged views on mutual interests, including defense and international affairs, agreeing to broaden cooperation in economic and security fields as partners sharing values and strategic interests.
Albanese expressed hope to meet President Lee again during this year's APEC and G20 summits and invited him to visit Australia early next year.
Senior Communications Secretary Seong Gi-hong stated in a written briefing that both countries are planning for President Lee's visit to Australia in the first half of next year and will enhance communication between the leaders.
* This article has been translated by AI.
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