India–South Korea : South Korea’s President Lee Jae-myung has emphasized the need for closer cooperation between India and South Korea to ensure safe passage through the Strait of Hormuz. He noted that maintaining security in this vital shipping route is essential not just for regional stability but also for the global economy.
Meeting with PM Modi on the Horizon
The remarks came ahead of his planned summit with Narendra Modi. This upcoming meeting is expected to be their third face-to-face interaction since Lee assumed office, highlighting the growing importance of bilateral ties between the two nations.
Global Impact of Disruptions in Hormuz
President Lee pointed out that ongoing tensions between the United States and Iran have affected the stability of the Strait of Hormuz. Any disruption in this critical route has far-reaching consequences, including rising global oil prices and interruptions in the supply of raw materials necessary for industrial production.
Energy Dependence on West Asia
Both India and South Korea rely heavily on energy imports from West Asia. According to Lee, safeguarding key maritime routes is directly linked to the economic security and well-being of their citizens.
Commitment to Joint Efforts
Reaffirming South Korea’s stance, President Lee said that his country will continue working closely with India to ensure that ships can navigate the Strait of Hormuz freely and safely. He also stressed the importance of strengthening this shared commitment on global platforms to maintain stability in international trade and energy supply chains.