몽골과 한국의 경제교류 현황과 문제점 연구

A Study on the Current Status and Problems of Economic Exchanges between Korea and Mongolia: Focusing on trade, investment, and tourism

With the Russian invasion of Ukraine in 2022, concerns about energy security are growing in South Korea. Korea still maintains an economic structure with a very weak energy independence, as it relies on imports for all of its crude oil and natural gas. On the other hand, Mongolia has a significant amount of natural and mineral resources. But it lacks capital and technology needed to develop these resources. This suggests that there is ample room for the two countries to maximize economic complementarity and secure national interests even in the current situation where the importance of energy security is deepening. However, since the establishment of diplomatic ties between Korea and Mongolia, growth in the qualitative aspect to maximize economic complementarity in economic exchanges between the two countries has been relatively sluggish compared to the quantitative aspects. Also, the corona pandemic situation has had a negative impact on economic exchanges between the two countries. Therefore, in this study, the fields of economic exchange are classified into four fields: trade, investment, and tourism. Through this, the study strategically discusses ways to promote economic cooperation between Korea and Mongolia in the new normal era. In addition, the economic exchanges between the two countries are comprehensively discussed by analyzing the status of exchanges by sector and suggesting problems.