Although Mongolia was not selected in the end, the episode reasserted the country’s strategic position in Northeast Asia as one of North Korea’s few trusted partners to also maintain friendly relations with the United States.

Source: https://thediplomat.com/2023/05/will-north-koreas-foreign-minister-visit-mongolia-this-year/

However, with only two major import markets, namely the European Union and Northeast Asia, and 14 exporter countries, Australia will face intense competition to secure off-take agreements in the hydrogen market.

Source: https://www.forbes.com/sites/woodmackenzie/2023/07/11/australias-energy-revolution-the-promise-of-battery-storage-and-hydrogen/

The fact that Japan is willing to make these new changes, and the United States will cooperate with them in their efforts, will help position the allies to work together to mitigate and manage the risks they are facing in Northeast Asia.

Source: https://thediplomat.com/2023/01/assessing-the-japan-us-summit/