Korea, Brazil leaders elevate ties to strategic partnership

South Korea and Brazil agreed to elevate their ties to a strategic partnership, adopting a four-year action plan and unveiling a package of cooperation deals during the summit. President Lee Jae Myung met with Brazilian President Luiz Inacio Lula da Silva at Cheong Wa Dae on Monday during Lula’s three-day state visit to South Korea, which began the previous day. Lee announced the elevation of bilateral ties, citing the steady rise in trade — which has exceeded $10 billion annually over the past

By The Korea Herald