South Korea’s Busan Port Authority has formally agreed to cooperate with Mongolia to open a new logistics route for Mongolian-bound cargo through Busan — providing an alternative to the existing Incheon corridor.

🇲🇳 Mongolia’s Consul in Busan, Jadambaa Ts., proposed the initiative in meetings with port officials. With foreign trade and cargo volumes rising, the new route aims to enhance logistics efficiency and reduce transport risks and costs.

🚢 Why Busan Port Matters:

• Connects to 150+ countries and 500 ports
• Handles 400 million tons of cargo annually
• Ranked 6th in the world for container throughput
• Among the top 2 in transshipment logistics
• Serves as a strategic logistics hub for Northeast Asia

🔄 Benefits for Mongolia:
The Busan route would offer faster, cheaper shipping from Europe and the U.S., diversify Mongolia’s trade access, and strengthen logistical reliability.

Photo source: ergelt.mn