On October 27, Deputy Prime Minister Koo Yun Cheol met with IDB President Ilan Goldfajn at the Conrad Seoul Hotel during the 7th Korea-LAC Business Summit. President Goldfajn celebrated Korea’s 20 years with the IDB and its contributions to Latin America and the Caribbean, while Deputy Prime Minister Koo emphasized the summit’s role in shaping future cooperation.
The two leaders signed a Letter of Intent to boost collaboration in artificial intelligence, critical minerals, and energy, and agreed to pursue a Korea AI Hub to support Korean companies entering the LAC market. They also discussed expanding opportunities for Korean professionals at the IDB, with ongoing initiatives such as recruitment seminars and internships.