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Feb 24, 2026

Lula and Lee Upgrade Ties and Revive Korea–Mercosur Trade Talks

Lula and Lee Upgrade Ties and Revive Korea–Mercosur Trade Talks
Meeting at the Blue House on 23 February, Brazilian President Luiz Inácio Lula da Silva and South-Korean President Lee Jae-myung agreed to restart the long-stalled negotiations for a free-trade agreement between South Korea and Mercosur. Talks have been frozen since 2021 over market-access concerns but will now resume under a new four-year Korea–Brazil Action Plan covering 2026-2029.

The leaders elevated bilateral relations to a “strategic partnership” and signed ten memoranda of understanding spanning critical minerals, artificial intelligence, defence aerospace and, crucially for mobility professionals, sanitary-quarantine cooperation aimed at accelerating approvals for Brazilian beef and pork. Faster sanitary clearances are a prerequisite for any trade deal and pave the way for streamlined export documentation and business-traveller flows in agri-business.

From a global-mobility standpoint, the trade-talk reboot signals that corporate travel between the two countries is likely to rise sharply. Korean auto-parts suppliers already active in Brazil’s northeast manufacturing corridor can expect more technical-support rotations, while Brazilian food-processing multinationals eyeing the Korean market will be dispatching quality-assurance teams once quarantine protocols are harmonised.

Lula and Lee Upgrade Ties and Revive Korea–Mercosur Trade Talks


For businesses gearing up for this uptick in travel, VisaHQ’s dedicated Brazil page (https://www.visahq.com/brazil/) serves as a one-stop resource for visa eligibility checks, document preparation and expedited filing, ensuring corporate travellers remain compliant as new mobility frameworks emerge from the negotiations.

Both governments pledged to deploy a joint inspection mission to Brazil’s beef-producing regions within weeks—a step that, if successful, could see import permits granted before year-end. The action plan also calls for exchanges of customs-modernisation best practices and people-to-people programmes, hinting at future e-visa pilots or APEC-style business-traveller cards.

Although no immediate visa concessions were announced, trade-law experts note that modern FTAs typically include mobility chapters on business-person entry, intra-corporate transfers and services suppliers. Companies should therefore begin mapping potential labour-law and immigration-compliance impacts in anticipation of accelerated talks.
VisaHQ's expert visas and immigration team helps individuals and companies navigate global travel, work, and residency requirements. We handle document preparation, application filings, government agencies coordination, every aspect necessary to ensure fast, compliant, and stress-free approvals.
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