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    Home»Trending News»South Korea, Brazil agree to expand cooperation in key minerals, trade
    Trending News

    South Korea, Brazil agree to expand cooperation in key minerals, trade

    The Daily FuseBy The Daily FuseFebruary 23, 2026No Comments2 Mins Read
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    South Korea, Brazil agree to expand cooperation in key minerals, trade
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    SEOUL: South Korean President Lee Jae Myung held summit talks in Seoul on Monday (Feb 23) with Brazilian President Luiz Inácio Lula da Silva, the place they agreed to develop cooperation in sectors together with commerce, key minerals, expertise and tradition.

    The leaders plan to raise the bilateral relationship right into a strategic partnership, and for the nations to work collectively to help stability on the Korean Peninsula, Lee stated.

    “Peace, constructed on situations the place battle is not wanted, is the strongest type of safety,” the South Korean president informed a joint press convention.

    The leaders oversaw the signing of 10 memorandums of understanding (MOUs) spanning commerce and industrial coverage, core minerals, digital financial system together with AI, agriculture, well being and biotech, small-business exchanges and joint policing towards cybercrime, narcotics and different transnational threats.

    In earlier remarks, Lee stated the 2 sides adopted a four-year motion plan to map out concrete steps for increasing bilateral cooperation, from strategic minerals to defence and house industries, in addition to meals safety.

    Brazil is South Korea’s largest buying and selling associate in South America, making financial cooperation a key a part of the agenda.

    Lula stated Brazil holds massive rare-earth reserves and has substantial nickel deposits, and that his authorities hoped to draw funding from South Korean corporations.

    In a message posted to X earlier within the day, Lee welcomed Lula, who’s in Seoul for his first state go to in 21 years, declaring the similarities of their backgrounds.

    “As a former baby labourer, you proved along with your entire life that democracy is essentially the most highly effective software for social and financial progress,” Lee wrote.

    “I help your life, your battle and your achievements, which can stay endlessly within the historical past of worldwide democracy.”

    The leaders, who first met on the G7 summit in Canada final 12 months and later on the G20 summit in South Africa, seem to have bonded over shared experiences of childhood manufacturing unit work and office accidents.

    The talks occurred in South Korea’s presidential Blue Home, the primary large-scale official welcome ceremony to be held since Lee moved his workplace again to the constructing.

    A state banquet is scheduled for Monday night the place barbecue dishes and Brazilian bossa nova items are attributable to be carried out by a Korean jazz band alongside a youngsters’s choir, Lee’s workplace stated.



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