Story perspectives

South Korea, Brazil Forge Strategic Partnership with Action Plan

2/24/2026

Summary

Korea-Brazil Partnership Strengthened

South Korean President Lee Jae Myung and Brazilian President Luiz Inacio Lula da Silva formalized their countries' relationship as a strategic partnership during Lula's state visit, the first in 21 years.
They adopted a Four-Year Action Plan for 2026-2029 focusing on critical minerals, energy transition, health, and technology.
Ten memorandums of understanding were signed on trade, agriculture, and defense.
They emphasized resuming trade talks with Mercosur and discussed peace on the Korean Peninsula.

Summary

Lee Commends Lula

South Korean President Lee Jae Myung commended Brazilian President Lula's approach to poverty eradication and economic development as a model for inclusive growth.
He proposed collaborative studies to create synergies between welfare and the economy.
He expressed hope for continued constructive discussions.
The emphasis on social policy signals a new dimension in the strategic partnership, focusing on welfare alongside economic ties.

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Korea-Brazil Partnership Strengthened

South Korean President Lee Jae Myung and Brazilian President Luiz Inacio Lula da Silva formalized their countries' relationship as a strategic partnership during Lula's state visit, the first in 21 years.
They adopted a Four-Year Action Plan for 2026-2029 focusing on critical minerals, energy transition, health, and technology.
Ten memorandums of understanding were signed on trade, agriculture, and defense.
They emphasized resuming trade talks with Mercosur and discussed peace on the Korean Peninsula.

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