Brazil–South Korea relations explained

Brazil–South Korea relations are the diplomatic relations between the Federative Republic of Brazil and the Republic of Korea. Both nations are members of the G20 and the United Nations.

Brazil and South Korea have maintained multilateral relationships, including various cultural, diplomatic, and economic aspects. Brazil, South Korea's largest investment destination in Latin America, has more than 50,000 Koreans and 120 Korean companies.[1]

History

In October 1959, Brazil and South Korea established diplomatic relations.[2] [3] In 1962, South Korea opened a resident embassy in Rio de Janeiro (its first in Latin America). In 1965, Brazil opened an embassy in Seoul.

In 1962, the first masse migration from the Korean peninsula to Brazil occurred. Officials of the two countries struck a deal intended to ease unemployment in South Korea and develop farmlands in Brazil. Some of the immigrants did start out farming in Brazil when they first arrived, however, many saw no future in that and moved to the cities and became garment peddlers, and eventually began opening garment businesses throughout the country.[4] More than 50,000 Brazilians are of Korean origin.

In 1970, South Korean Prime Minister Baek Du-jin was sent to Brazil as a special envoy on behalf of President Park Chung-hee, paving the way to closer relations between the two nations. In 1996, South Korean President Kim Young-sam became the first South Korean head-of-government to pay an official visit to Brazil.

In January 2001, Brazilian President Fernando Henrique Cardoso became the first Brazilian head-of-government to visit South Korea. While in South Korea, both nations signed an Agreement of Cooperation in the Peaceful uses of Nuclear Energy. There would be several more visits between leaders of both nations.

In May 2018, Brazilian Foreign Minister Aloysio Nunes traveled to Seoul to initiate discussions for a possible Free trade agreement between Mercosur (for which Brazil is a member of) and South Korea.[5] In October 2019, both nations celebrated 60 years of diplomatic relations.[6]

Economic cooperation

In 2023, the Ministry of Trade, Industry and Energy of South Korea and the Ministry of Development, Industry, Trade and Services of Brazil signed the South Korea-Brazil Trade and Investment Promotion Framework (TIPF) in Seoul. This is to strengthen trade relations and investment cooperation between the two countries in the fields of green energy and digital technology.[7]

High-level visits

High-level visits from Brazil to South Korea

High-level visits from South Korea to Brazil

Bilateral agreements

Both nations have signed several bilateral agreements:

Resident diplomatic missions

See also

Notes and References

  1. News: November 26, 2023 . Bolstering Brazil’s economic ties with Korea . Korea JoongAng Daily.
  2. https://www.mofa.go.kr/eng/nation/m_4902/view.do?seq=47 South Korean Ministry of Foreign Affairs: Brazil
  3. https://www.gov.br/mre/pt-br/assuntos/relacoes-bilaterais/todos-os-paises/republica-da-coreia Brasil-Coreia (in Portuguese)
  4. https://www.latimes.com/archives/la-xpm-1998-apr-30-mn-44534-story.html Brazilian Koreans: a Force in Fashion
  5. https://www.gov.br/mre/pt-br/canais_atendimento/imprensa/notas-a-imprensa/lancamento-das-negociacoes-de-um-acordo-de-comercio-entre-o-mercosul-e-a-republica-da-coreia-25-de-maio-de-2018 Lançamento das negociações de um Acordo de Comércio entre o Mercosul e a República da Coreia (in Portuguese)
  6. https://www.gov.br/mre/pt-br/canais_atendimento/imprensa/notas-a-imprensa/2019/brasil-republica-da-coreia-comemoracao-dos-60-anos-de-relacoes-diplomaticas-2 Brasil-Coreia do Sul – Comemoração dos 60 anos de relações diplomáticas (in Portuguese)
  7. News: November 26, 2023 . Korea, Brazil strengthen ties via new trade framework . The Korea Herald.
  8. http://seul.itamaraty.gov.br/pt-br/ Embassy of Brasil in Seoul
  9. https://overseas.mofa.go.kr/br-pt/index.do Embassy of South Korea in Brasília