What did Lee Jae Myung say about Mexico during his meeting with Claudia Sheinbaum in Mexico City?

Lee called Mexico an indispensable strategic partner and said the two countries need to elevate economic cooperation as global economic uncertainties grow. He said supply chains are changing rapidly and both sides should deepen bilateral ties.

What is Plan Mexico and how did Lee respond to it?

Plan Mexico is Claudia Sheinbaum’s vision to strengthen industrial competitiveness and expand infrastructure. Lee said South Korea would support its successful implementation during the meeting.

Which business areas did South Korean and Mexican leaders say cooperation is expanding into?

They said cooperation is moving beyond automobiles and household appliances into electricity, energy, mobility and beauty. The participants also stressed the need for stable conditions in Mexico for corporate activity and hoped for a prompt economic pact.

Lee calls Mexico 'indispensable' partner amid growing global economic uncertainties

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Summary

South Korean President Lee Jae Myung described Mexico as an indispensable strategic partner in Mexico City on Thursday and called for deeper economic cooperation amid growing global uncertainties. He made the remarks at a meeting he jointly hosted with Mexican President Claudia Sheinbaum and attended by business leaders from both countries. The talks covered investment, trade and support for Sheinbaum’s Plan Mexico.

Key Facts

The meeting was attended by dozens of business leaders from South Korea and Mexico.
Lee pledged to support the successful implementation of Sheinbaum’s Plan Mexico, which aims to strengthen industrial competitiveness and expand infrastructure.
South Korean corporate leaders said cooperation is expanding beyond automobiles and household appliances into electricity, energy, mobility and beauty.
Participants included SK Group Chairman Chey Tae-won and LG Group Chairman Koo Kwang-mo.
They also expressed hope that an economic pact between South Korea and Mexico would be signed promptly to support bilateral cooperation.

By Yonhap

Published Sep 25, 2026 8:49 am KST

President Lee Jae Myung speaks during a joint press announcement with Mexican President Claudia Sheinbaum at the presidential palace, Mexico City, Sept. 24. Yonhap

MEXICO CITY — South Korean President Lee Jae Myung on Thursday described Mexico as an "indispensable strategic partner" and stressed the need to deepen bilateral economic cooperation amid global economic uncertainties.

Lee made the remarks at a meeting that he jointly hosted with Mexican President Claudia Sheinbaum, according to senior South Korean presidential secretary for public affairs Seong Ghi-hong. The meeting was attended by dozens of business leaders from both countries.

Lee said the two countries are indispensable strategic partners to each other, and need to elevate their economic cooperation at a time when global economic uncertainties are growing, with global supply chains undergoing rapid changes, according to Seong.

The South Korean president also pledged to support the successful implementation of Sheinbaum's vision, called "Plan Mexico," which she unveiled last year to strengthen industrial competitiveness and expand infrastructure.

The meeting discussed ways to strengthen investment and trade between South Korean and Mexican companies, the presidential secretary said. Participants included SK Group Chairman Chey Tae-won and LG Group Chairman Koo Kwang-mo.

Seong quoted South Korean corporate leaders as stressing during the meeting that bilateral cooperation is expanding beyond traditional sectors, such as automobiles and household appliances, to include the electricity, energy, mobility and beauty industries.

They, in particular, stressed the importance of fostering stable conditions in Mexico for corporate activities, expressing hope that an economic pact will be promptly signed between the two countries to bolster bilateral economic cooperation.

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