POSCO International

According to Maeil Business Newspaper, Korea and Mexico signed four MOUs on aerospace cooperation and production-base investment, with POSCO International, Korea Aerospace Industries, and HS Hyosung Advanced Materials initiating private-sector cooperation and a coordination framework. One MOU focused on local entry in Mexico with the Mexican Federation of Aerospace Industry, and a San Luis Potosí agreement aims to expand local production. The article notes the arrangements are at the MOU stage with uncertain commercialization and mentions Mexico’s tariff hikes affecting Korean firms, with ongoing efforts to expand bilateral economic cooperation and pursue a free trade agreement.