October 20, (THEWILL) – President Bola Tinubu, in Abuja on Friday, met with Mr Gained Hee-Ryong, the Particular Envoy of the President of South Korea, to debate the areas by which an additional enlargement of funding and commerce ties throughout key sectors of Nigeria’s financial system can expeditiously happen.
The assembly on the State Home was a follow-up to productive discussions between President Tinubu and South Korean President, Yoon Suk Yeol, through the G-20 Leaders’ Summit in New Delhi, India.
President Tinubu recommended the efforts which were made in implementing the commitments made throughout his discussions with President Yoon in India, noting that these commitments are geared toward strengthening the financial and technological partnership frameworks between the 2 nations.
“I’m inspired that your President acknowledged these requests and emphasised the significance of Nigeria within the African context by sending you as a Particular Envoy. Relaxation assured, we’re dedicated to offering the required assist to bolster the bilateral relationship that has flourished over time”, the President mentioned.
With a watch on an elevated South Korean presence within the transformation of Nigeria’s nationwide, multi-modal transportation system, President Tinubu additionally emphasised the necessity for higher South Korean funding within the institution of native industries for youth employment and know-how switch, as Nigeria seeks to understudy and replicate South Korea’s nationwide transportation system.
He mentioned this undertaking is a vital alternative for fruitful collaboration and the evolution of a practical and dynamic enterprise partnership.
“Nigeria is the most important financial system in Africa with an lively and vibrant youthful inhabitants that’s wanting to make issues occur. We should empower them. We’re dedicated to eradicating any impediment which will hinder the circulation of investments between our two nice international locations”, the President affirmed.
The Particular Envoy delivered President Yoon’s letter to President Tinubu, outlining the South Korean President’s directions to South Korea’s ministries to diligently implement the vital initiatives mentioned throughout their assembly on the margins of the G-20 Summit, together with the conclusion of the Commerce and Funding Promotion Framework (TIPF) between each international locations.
He additionally conveyed an invite to President Tinubu to attend the Africa-Korea Summit scheduled for June 4–5, 2024, in Seoul, whereas searching for Nigeria’s assist for South Korea’s bid to host Expo 2030 in Busan, South Korea.