Arab Today, arab today s korea brazil to hold talks to boost economic cooperation
Last Updated : GMT 07:02:09
Arab Today, arab today
Arab Today, arab today

S. Korea, Brazil to hold talks to boost economic cooperation

Arab Today, arab today

Arab Today, arab today S. Korea, Brazil to hold talks to boost economic cooperation

Seoul - Qna

The finance ministers from South Korea and Brazil will hold a meeting to discuss ways to boost their bilateral and global economic cooperation amid worries that the European fiscal debt problems could spread to the rest of the world, Seoul officials said Tuesday. The meeting, the second of its kind, will be held in Brasilia on Tuesday between Finance Minister Bahk Jae-wan and his Brazilian counterpart Guido Mantega, according to the ministry officials. \"Brazil is fast emerging not just in its economic growth but also in its status on the international stage,\" the ministry said in a press release. \"With the second round of the talks, we expect to open a regular consultation channel and strengthen close economic cooperation ties with the country\", according to South Korea\'\'s (Yonhap) news agency. The meeting is composed of three sessions during which the two will exchange views mostly on the latest local and global economic situations and how to boost their bilateral and global economic cooperation in the face of the current crisis stemming from Europe, the ministry said. In a prepared opening speech emailed to reporters before the meeting, Finance Minister Bahk emphasized that regaining trust through global cooperation is highly important to stem the financial turmoil in Europe from spreading to the rest of the world. \"We are facing a time when trust in financial markets has become more important than ever,\" he said. \"In the current economy, a fire next door can easily burn down our own house. Right now, the small sparks that started in the European economy have spread like wildfire across the globe. \"We cannot relax until we have taken a fire extinguisher and completely put the fire out. This wildfire can only be tamed through international cooperation in the name of trust,\" he added. The talks are the second of their kind since the two heads of state agreed in 2008 to open a high-level consultation channel. The first finance ministerial meeting was held in South Korea last year. The meeting comes as South Korea has been seeking to expand its economic ties with Brazil as the South American country is fast emerging as a global economic powerhouse. Last year, the two nation\'\'s trade came to US$12.46 billion. South Korea\'\'s investment in Brazil was $1.05 billion during the same year, accounting for 53.5 percent of its total foreign direct investment in Central and South American countries, according to the ministry.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea brazil to hold talks to boost economic cooperation Arab Today, arab today s korea brazil to hold talks to boost economic cooperation

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea brazil to hold talks to boost economic cooperation Arab Today, arab today s korea brazil to hold talks to boost economic cooperation

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday