At the forum, President KIM Heungchong of KIEP, President CHO Young-Shik of the Korea Brazil Society, Deputy Director-General YOON Sang-uk from the Latin American and Caribbean Affairs Bureau, Ministry of Foreign Affairs, Ambassador Márcia Donner Abreu of Brazil to the Republic of Korea and experts from related fields gathered to find ways to cooperate with the changing economic and business environment.

KIM Heungchong, President of KIEP, said in his opening speech, "Korea and Brazil need to seek a new and broader partnership at a time when the atmosphere of international cooperation is weakening due to pandemic, intensifying U.S.-China competition, geopolitical crises, protectionism and supply chain reorganization." He also stressed that Brazil has been an important major partner in Korea's Indo-Pacific strategy as a key country in Latin America and the Caribbean, and expressed his hopes that the forum will pave the way for new cooperation between the two countries in areas of economic security, such as agriculture, energy and environment.

- Title: The 11th Korea-Brazil Business Forum

- Date & Time: November 11, 2022, 14:00-18:00

- Venue: Grand Walkerhill Seoul

- Hosts: Korea Institute for International Economic Policy (KIEP), Korea-Brazil Society (KOBRAS), Ministry of Foreign Affairs of Korea (MOFA)

- Contact: KOBRAS Forum office (+82-2-2090-9797)