Korean used-car exporters turn to Mongolia as Middle East sales fall 28%

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  • Korean used-car dealers are pursuing customers in Mongolia and Central Asia after Middle East shipments were disrupted.
  • Used-car exports totaled $4.28 billion through August, with the monthly average 28% below last year’s.
  • Korea and Mongolia reached an agreement in principle on a comprehensive economic partnership agreement in July.
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Korean used-car exporters turn to Mongolia as Middle East sales fall 28% - CoinPost Terminal