Overview
- Jaishankar visited Ulaanbaatar on June 22–23 and reviewed the India‑funded Mongol Oil Refinery construction, saying the USD 1.7 billion Line of Credit project is making steady progress.
- In Mongolia he met Foreign Minister Battsetseg Batmunkh and President Khurelsukh Ukhnaa and discussed expanding cooperation in mining, clean energy, agri‑processing and capacity building.
- Jaishankar met South Korean Foreign Minister Cho Hyun in Seoul on June 24 to follow up on outcomes of President Lee Jae Myung’s April visit and to push concrete trade, investment, defence and technology measures.
- The two ministers agreed to accelerate implementation of summit follow-ups, to hold business and finance dialogues such as India’s ‘Korea Week,’ and to stay in close contact on economic risks from developments in West Asia.
- The trip is part of India’s wider Indo‑Pacific outreach to deepen a ‘third neighbour’ partnership with resource‑rich Mongolia and to convert high‑level ties with South Korea into measurable projects and investment flows.