South Korean President Lee Jae Myung highlighted the historic nature of the free trade agreement with Chile during a visit to Santiago on Wednesday, noting that the South American nation was the first in the world to forge such a pact with Seoul.
The remarks underscore the enduring diplomatic and economic friendship between the two countries, which has served as a cornerstone for bilateral commerce since the agreement's inception.
President Lee emphasized the longevity of the relationship as a model for future trade engagements in the region.
President Lee emphasized the longevity of the relationship as a model for future trade engagements in the region.
This diplomatic reinforcement comes as Chile continues to expand its trade network across the Pacific.
Santiago recently concluded a separate trade agreement with the Philippines, becoming the first Latin American nation to secure such a deal with the Southeast Asian economy.
This move marks a significant milestone in Chile's broader strategy to deepen economic ties with Asia.