BUSINESSJul 31 · 08:36 UTCTHE RIO TIMESSofia Gabriela Martinez

South Korea, Chile Agree to Modernize Trade Deal

South Korean President Lee Jae-myung and Chilean President José Antonio Kast agreed to revive stalled negotiations to modernize their free-trade agreement during a meeting in Santiago on July 30, 2026. They also committed to enhancing cooperation on critical minerals and defense.

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South KoreaplaceChileplaceLee Jae-myungpersonJosé Antonio KastpersonFree trade agreementtopiccritical mineralstopicdefensetopicSantiagoplace

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