Lee, Lula to hold summit talks over global economic crisis

BRASILIA, Nov. 19 (Yonhap) -- South Korean President Lee Myung-bak and Brazilian President Luiz Inacio Lula da Silva were to hold summit talks here on Wednesday to discuss expanding bilateral economic and commercial cooperation.

Measures to deepen bilateral cooperation in overcoming the global financial
crisis will also be on the agenda, according to Lee's spokesman.
At the Group of 20 summit in the U.S. last week, South Korea and Brazil were
selected together with Britain as a troika of moderator countries to play a
leading role in preparing policy agendas for the next G-20 summit slated for
April in London.
Lee arrived in the Brazilian capital city on Tuesday after a two-day trip to Sao
Paulo, where he met a group of Brazilian business leaders to call for closer
relations between the two countries.
According to presidential spokesman Lee Dong-kwan, President Lee plans to ask
Lula to support South Korean companies seeking to participate in Brazil's
high-speed railway, industrial plant and oil exploration projects, among others.
Government officials accompanying President Lee said South Korean companies are
setting their sights on Brazil's plans to build eight nuclear power plants by
2030 and a 520-kilometer-long high-speed railroad linking Rio de Janeiro, Sao
Paulo and Campinas.
ycm@yna.co.kr
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