Lee promotes cooperation with Brazil
Analysis based on 7 articles · First reported Jul 28, 2026 · Last updated Jul 29, 2026
The event signals strengthened economic ties between South Korea and Brazil, potentially boosting trade and investment in aerospace, mining, and cosmetics. The MoU between KAI and Embraer may enhance collaboration in the aviation sector.
South Korean President Lee Jae Myung, on a state visit to Brazil, called for deeper economic cooperation in aircraft, critical minerals, and cosmetics at a business roundtable in Sao Paulo on July 28, 2026. He highlighted the potential for joint development of next-generation commercial aircraft, critical mineral supply chains, and K-beauty products. Seven memorandums of understanding were signed, including one between Israel Aerospace Industries and Embraer to strengthen their strategic partnership. Lee also emphasized accelerating trade negotiations with Mercosur. The visit follows the elevation of bilateral ties to a strategic partnership in February.
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