What Happened
Seoul And Mexico City Expand Cooperation In Aerospace And AI
President Lee Jae Myung and Mexican President Claudia Sheinbaum have agreed to strengthen supply chain, tech, and AI ties between their countries. The Korea-Mexico Joint Action Plan 2026-2030 outlines the direction of bilateral cooperation, with a focus on expanding collaboration beyond trade and investment to advanced future high-tech sectors. Both leaders pledged to finalize a bilateral accord on investment promotion and protection and launch a USD 100 million on-lending facility to support Korean corporate expansion into Mexico. The agreement was reported by Korea.net, the official website of the Republic of Korea.