Public–Private Overseas Resource Development Strategy

Source: International Energy Agency
Last updated: 24 June 2026

The strategy promotes public-private cooperation in overseas resource development to reduce Korea’s exposure to energy and critical-mineral import risks. It supports private-sector investment through public financing, risk sharing, project discovery and participation by public resource institutions. The policy is closely linked to Korea’s broader resource-security agenda, including overseas development of critical minerals, supply-source diversification and stronger public support for strategically important projects. It should be coded as a supply-security strategy because its main objective is to secure upstream access to energy and mineral resources.

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