France and South Korea are planning a joint course of action to resolve the crisis in the Strait of Hormuz. The goal is to stabilize the Middle East and the world economy.
French President Emmanuel Macron and his South Korean counterpart Jae-myong I agreed on Friday to work together to reopen the Strait of Hormuz and ease global economic uncertainties caused by the Middle East war. TASR took over the report from the AP agency.
- Macron and I Jae-myong agreed on cooperation.
- They want to reopen the Strait of Hormuz.
- Their goal is to ease global economic uncertainty.
According to Macron, both countries can play a role in stabilizing the situation in the Middle East, including the Strait of Hormuz.
This strait connects the Persian Gulf to the Arabian Sea and is a key route through which about a fifth of the world’s oil production normally passes. Iran effectively closed Hormuz in response to Israeli and US attacks that began on February 28. Its shutdown affected global supplies of critical commodities, including oil, liquefied natural gas and fertilizers, leading to a spike in energy prices.
They agreed to cooperate
At a joint press conference, I Che-myong emphasized that he and Macron confirmed “their determination to work together to ensure a safe sea route in the Strait of Hormuz.” However, the leaders did not specify how they want to achieve this goal.
“We must clearly define the terms of the process to ease the crisis and conflict in the Middle East at the international level… We must ensure that the Strait of Hormuz is reopened,” Macron declared. However, its reopening through a military operation is unrealistic, according to the French president.
At the same time, Che-myong confirmed that he and Macron agreed to expand cooperation in the field of technology, energy and other sectors.
