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South Korea and Brazil Sign Deals on K-Beauty, Trade
India and Brazil aim to surpass $20 billion in bilateral trade by 2031 through cooperation in critical minerals, rare earths, and nine other sectors, diversifying supply chains away from China.
- South Korea and Brazil signed 10 agreements to expand cooperation in areas such as trade, key minerals, technology, and culture during Brazilian President Luiz Inácio Lula da Silva's visit to Seoul.
- The leaders plan to elevate the bilateral relationship into a strategic partnership and work together to support stability on the Korean Peninsula.
- Brazil, South Korea's largest trading partner in South America, holds large rare-earth reserves and substantial nickel deposits, attracting investment from South Korean companies.
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The South Korean President explained that "Plan of Action Fifth Korea of South Brazil" will serve as an integral route in areas such as politics, economics, practical cooperation and exchange of citizens.
Seoul, Brasília Elevate Ties with Strategic Minerals and Trade Pact
South Korea and Brazil have agreed to significantly deepen cooperation across key minerals, trade, technology and security, as President Lee Jae Myung hosted Brazilian President Luiz Inácio Lula da Silva in Seoul for the first Brazilian state visit in more than two decades. The summit, held at the Blue House, marked a symbolic reset in […] The post Seoul, Brasília Elevate Ties with Strategic Minerals and Trade Pact appeared first on Modern Diplo…
Channel News Asia
Business TimesSouth Korea, Brazil agree to expand cooperation in key minerals, trade
SEOUL: South Korean President Lee Jae Myung held summit talks in Seoul on Monday (Feb 23) with Brazilian President Luiz Inácio Lula da Silva, where they agreed to expand cooperation in sectors including trade, key minerals, technology and culture.The leaders plan to elevate the bilateral relationship into a
Lula meets South Korea’s Lee to deepen trade and defence ties
Brazilian President Luiz Inácio Lula da Silva began the official programme of his state visit to South Korea in Seoul on Monday, ahead of talks with President Lee Jae-myung expected to strengthen cooperation on trade, defence and other strategic areas.
The leaders of Brazil and India, Luiz Inácio Lula da Silva and Narendra Modi, announced yesterday the signing of a “pioneer” agreement on critical minerals and rare earths, described by the Asian Prime Minister as “an important step towards building resilient supply chains” and a symbol of mutual trust. The South American president stressed that “expanding investments and cooperation in renewable energy and critical minerals is at the core of th…
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