A memorandum of understanding (MOU) toward that end was signed on the sidelines of a bilateral summit between South Korean President Lee Jae Myung and his Argentine counterpart, Javier Milei, in Buenos Aires, Yonhap reported.
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Under the MOU, the two countries will share information on their respective policies regarding critical minerals and related investment systems, while promoting bilateral corporate investment and pursuing joint projects across the entire lithium value chain, including exploration and mining, according to National Security Adviser Wi Sung-lac.
South Korea and Argentina also agreed to work toward the prompt resumption of negotiations on a free trade agreement between South Korea and the South American trade bloc Mercosur.
Mercosur is one of the world’s largest trade blocs, whose members include Brazil, Argentina, Paraguay, Uruguay and Bolivia, along with several associate members.
