South Korean President Lee Jae Myung held summit talks in Seoul with Brazilian President Luiz Inácio Lula da Silva, where they agreed to strengthen collaboration in various sectors, such as trade, key minerals, technology, and culture. The leaders expressed their intent to elevate the bilateral relationship to a strategic partnership and work together to promote peace and stability on the Korean Peninsula. Lee emphasized the importance of building peace as a means to ensure security during a joint press conference. The summit witnessed the signing of 10 memorandums of understanding covering trade, industrial policy, core minerals, digital economy, agriculture, health, and biotech. Additionally, the agreements include joint efforts against cybercrime, narcotics, and other transnational threats.