South Korea restates commitment in economic areas with Nigeria

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Mr Choi Jong Kun.
Mr Choi Jong Kun.

The Government of the Republic of Korea has restated its commitment to strengthening bilateral relations with Nigeria in areas of cultural orientation, health, economic and technological development.

Mr Choi Jong Kun, the first Vice Minister of Foreign Affairs, Ministry of the Republic of Korea disclosed this during a news briefing with some Journalists in Abuja.

According to Choi, Nigeria as a giant of Africa is very important to South Korea.

ā€œWe will strengthen the relationship on economic area, because, Nigeria provides us with a very vast market. More than half of our foreign construction sale in Africa comes from Nigeria.

ā€œThe second area is the trans-national security, especially in the Gulf of Guinea, a lot of hijacks happen in the Gulf, thus, we need to protect our fishing industry in the Gulf.

ā€œAnother area is culture and people to people exchange, which will include financing education exchange between universities and students, because, Nigeria offers meaningful African cultures to Koreans and East Asia people.

ā€œAnd as a nation of high technology, we are willing to offer training assistance to future leaders of Nigeria and that is people to people exchange,ā€™ā€™ Choi said.

He said that they would have a cultural delegation from Nigeria tour, the US and Korea.

Choi explained that in December, South Korea would host a Korea-Africa Forum.

ā€œIn the Forum, we will have discussions and collaborations in many areas like economic, trade, culture and many others.

ā€œWe have founded Korea-Africa Foundation to boost cultural awareness between Africa and Korea. It is devoted to cultural orientation,ā€™ā€™ Choi said.

According to him, technology is an exclusive good that can be transferred, adding that high technology companies from Korea would come and start operations with talented, smart and innovative young Nigerians.

He said Nigerian students could come over to Korea to get high degrees in technology, stressing that Korea had good training courses on high-tech.

On the COVID-19 pandemic, Choi said South Korea had supplied testing kits, face masks and other medical supplies worth over 200 million dollars to about 53 countries in Africa including Nigeria.

He explained that his country followed the principles of 3Ts (Testing, Tracing and Treatment) in addressing the pandemic, adding that the country would soon involve in the large production of vaccines.

ā€œThe only way to fight the COVID-19 is maintaining the 3Ts and vaccines. Nobody is safe till everyone is safe. So providing vaccines is very important.

ā€œHowever, we are closely working with the United States and our European partners to build a vaccine factory.

ā€œAlready we are the second-largest vaccine producers in the world, so we have the capacity,ā€™ā€™ Choi said.

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