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May 27, 2024

South Korea to Partner Nigeria on Food Production, Security 

The Republic of South Korea has affirmed its commitment to assisting Nigeria in boosting food production and tackling insecurity.

The South Korean Ambassador to Nigeria, Kim Pankyu, while addressing journalists yesterday in Abuja, ahead of the forthcoming Korea-Africa Summit in June in Seoul, said he would deploy his military expertise in helping Nigeria.

Pankyu promised to strengthen the economic ties between Korea and Nigeria, adding that the promotion of economic partnership has been the focus since the establishment of the diplomatic relations between the two countries.

His words: “First and foremost, I would like to do my best to further expand economic exchanges between Korea and Nigeria.

“Promoting economic partnership has always been the focus since the establishment of the diplomatic relations between our two countries 44 years ago. Nigeria is already Korea’s top 5 trade partners in Africa.

“I believe we can do more. Since the current Nigerian government is actively carrying out economic reform to improve the business environment in Nigeria, I will introduce this change to Korean companies and encourage them to venture into Nigeria and make investments.

“Secondly, I will explore ways to deepen security cooperation drawing on my expertise in military and security affairs.

“In particular, I would like to focus on promoting cooperation on maritime security because securing maritime security in the Gulf of Guinea is essential not only for coastal countries including Nigeria but also for countries passing through this region including Korea.

“In addition, I intend to expand Korea’s support for capacity building of the Nigerian military and security officers.”

While speaking on the forthcoming Summit, he said: “I believe the first Korea-Africa Summit to be held in June in Seoul will be a momentous occasion for the relations between Korea and Africa, and also Korea and Nigeria.

“The inaugural Korea-Africa Summit is expected to be the largest international gathering under the current administration.

“This reflects President Yoon Suk-yeol’s commitment to fostering a mutually beneficial, sustainable, and strategic long-term partnership with Africa, aligning with Korea’s vision of becoming a Global Pivotal State.

“This marks a significant step in Korea’s comprehensive strategy to engage more deeply with the Global South, reflecting our commitment to global inclusiveness and cooperation.”

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