Expanded Cooperation Scope for Food, Pharmaceuticals, and Cosmetics
Strengthened Collaboration on Regulatory Reliance and GMP
The Ministry of Food and Drug Safety announced on the 24th that, during the summit between President Lee Jaemyung and Brazilian President Luiz Inacio Lula da Silva the previous day, it signed a memorandum of understanding (MOU) with Brazil's Health Regulatory Agency on regulatory cooperation in the field of health-related products, in the presence of the two heads of state.
This MOU revises the memorandum signed in 2014 between the Ministry of Food and Drug Safety and Brazil's Health Regulatory Agency. It newly includes cosmetics in the areas of cooperation, which had previously been limited to food, pharmaceuticals, and medical devices, thereby expanding the scope of regulatory cooperation between the two agencies to health products as a whole.
The Ministry of Food and Drug Safety announced on the 24th that it signed a memorandum of understanding (MOU) with the Brazilian Health Surveillance Agency on regulatory cooperation in the field of health-related products. Ministry of Food and Drug Safety
An official from the Ministry of Food and Drug Safety explained, "Exports of Korean cosmetics to Brazil have been continuously increasing recently, and the signing of this MOU is highly significant in strengthening regulatory cooperation with emerging export destinations to expand K-beauty exports and respond to global regulations, in line with the government's national agenda and economic growth strategy."
The main contents of the MOU include: ▲ exchange of information on policies and safety management systems ▲ mutual cooperation to facilitate regulatory reliance pathways between the two agencies ▲ mutual cooperation for technical exchanges related to the introduction of cosmetics systems and for regulatory harmonization.
In addition, taking the opportunity of the Brazilian delegation's visit to Korea, the Minister of Food and Drug Safety and the head of Brazil's Health Regulatory Agency agreed through a bilateral meeting on the need for cooperation on health-related products and decided to strengthen their mutual cooperation framework. In particular, they plan to pursue working-level consultations for phased cooperation in various fields, including building regulatory reliance in the pharmaceutical and vaccine sectors, cooperation on good manufacturing practice (GMP) for medical device manufacturing and quality management, holding regulatory briefings on cosmetics and sharing experience with e-labels, and the use of artificial intelligence (AI) and regulatory innovation, thereby promoting practical regulatory harmonization and cooperation based on mutual trust.
Oh Yoo-kyung, Minister of Food and Drug Safety, said, "The signing of this MOU is an achievement that translates the cooperation agreed upon between the Korean and Brazilian leaders into concrete outcomes in the field of health-related products," adding, "Going forward, we will continue to promote cooperation with overseas regulatory authorities based on the voices of industry, and actively support strengthening the global competitiveness and exports of our cosmetics industry."
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