During a meeting in Brazil, South Korea’s President Yoon Suk Yeol and South Africa’s President Cyril Ramaphosa agreed to enhance cooperation in the critical minerals sector amid global supply chain instability. They discussed the launch of the Korea-Africa critical minerals dialogue and pledged to work together against North Korea’s provocations.
In a significant meeting held in Brazil on November 20 during the Group of 20 summit, South Korean President Yoon Suk Yeol and South African President Cyril Ramaphosa discussed mutual collaboration on supply chains for critical minerals and associated security matters. This dialogue aimed to fortify the bilateral relations in trade, investment, and the energy sector, as reported by Yonhap news agency. President Yoon proposed the establishment of a Korea-Africa critical minerals dialogue at the upcoming Mining Indaba conference in February, seeking President Ramaphosa’s backing for this initiative. Furthermore, the leaders committed to uniting efforts to deliver a decisive response against North Korea’s provocations and its military involvement in support of Russia’s actions in Ukraine, which they deemed violations of United Nations Security Council resolutions.
The focus on critical minerals has emerged as a pressing global concern, particularly given their importance in industries such as technology and renewable energy. South Korea and South Africa, both rich in mineral resources, recognize the need to enhance cooperation to stabilize global supply chains that have faced challenges in recent years. The upcoming Mining Indaba conference provides a strategic platform for dialogue between these nations, aimed at strengthening their partnership in the minerals sector while addressing broader geopolitical issues.
The meeting between Presidents Yoon Suk Yeol and Cyril Ramaphosa marks a pivotal step in enhancing collaboration between South Korea and South Africa, particularly in the critical minerals sector. Their agreement to jointly challenge North Korea’s actions underscores the need for collective security measures. This partnership not only seeks to bolster economic ties but also aims to address significant global challenges associated with mineral supply chains and international security.
Original Source: www.socialnews.xyz
