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BRAZILIANS COULD MORE EASILY GET THEIR HANDS ON COVETED PRODUCTS UNDER A DEAL STRUCK DURING PRESIDENT LUIZ LULA DA SILVA’S STATE VISIT TO SOUTH KOREA.
LULA AND SOUTH KOREAN LEADER LEE JAE MYUNG SIGNED A SLEW OF AGREEMENTS WITH THE BRAZILIAN PRESIDENT IN SEOUL, COVERING EVERYTHING FROM AGRICULTURE TO BUSINESS COOPERATION.
LEE SINGLED OUT A MEMORANDUM OF UNDERSTANDING TO BOOST REGULATORY COOPERATION IN THE HEALTH SECTOR, WHICH COULD EASE BARRIERS FOR SKINCARE PRODUCTS SHIPPED TO SOUTH AMERICA.
REPORT HAS IT THAT SOUTH KOREA HAS EMERGED AS A MAJOR PLAYER IN THE GLOBAL COSMETICS INDUSTRY, EXPORTING BILLIONS OF DOLLARS WORTH OF SKINCARE PRODUCTS EVERY YEAR BRAZIL IS ONE OF THE LARGEST MARKETS FOR BEAUTY PRODUCTS IN THE WORLD.
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Rachel Salami
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