South Korean President Yoon Suk Yeol and South African President Cyril Ramaphosa met during the G20 summit in Rio de Janeiro to enhance cooperation in the critical minerals sector and address regional security issues, particularly concerning North Korea. They agreed on the launch of the Korea-Africa critical minerals dialogue and emphasized the need for a collective stance against North Korean military actions.
On November 20, during the G20 summit in Rio de Janeiro, South Korean President Yoon Suk Yeol and South African President Cyril Ramaphosa convened to discuss collaboration on critical minerals supply chains and security matters, as reported by Yoon’s office. The meeting was focused on enhancing trade relations and investment opportunities between South Korea and South Africa, particularly emphasizing energy sector partnership. The leaders resolved to bolster cooperation in the critical minerals sector, aiming to mitigate the challenges posed by global supply chain disruptions. President Yoon proposed the establishment of a Korea-Africa critical minerals dialogue, intended to be initiated during the forthcoming Mining Indaba, an African mining conference scheduled for February in South Africa. He urged President Ramaphosa to lend his support to this initiative. Additionally, both leaders agreed to present a unified stance against North Korea, condemning its military provocations as well as its recent troop deployment in support of Russia amid the ongoing conflict in Ukraine. They characterized such actions as breaches of United Nations Security Council resolutions, underscoring the importance of military cooperation between South Korea and South Africa against shared threats.
The geopolitical dynamics surrounding critical minerals, essential for various industries, have become increasingly significant in the context of global trade and security. Countries are seeking to secure stable supply chains for these resources amidst rising tensions posed by various international actors. The collaboration between South Korea and South Africa highlights an effort to address these challenges collectively, particularly in light of North Korea’s provocative actions.
In conclusion, the recent meeting between Presidents Yoon Suk Yeol and Cyril Ramaphosa marks a critical step toward enhancing collaboration in the minerals sector, aimed at stabilizing supply chains and fostering energy partnerships. Their commitment to address security issues, particularly concerning North Korea’s military provocations, further underscores the importance of international dialogue and cooperation in contemporary geopolitics.
Original Source: www.socialnews.xyz
