VP Shettima reaffirms commitment to strengthening relations with Republic of Korea

Vice President Kashim Shettima has restated Nigeria’s commitment to strengthening relations with Republic of Korea especially in promoting trade, technology transfer and maintaining global peace.

He stated this when he received a delegation from the Republic of Korea led by the Special Envoy to the President, Jang Sungmin, at the Presidential Villa.

According to the Vice President, Nigeria and Korea have a very robust bilateral relationship that is anchored on years of mutual trust and cooperation.

He added that a lot of Korean companies are doing business in Nigeria especially in the area of oil and gas, and Six of Nigeria’s LNG trains were constructed by Korean companies.

The Vice President assured the Korean Government of the Tinubu administration’s commitment to partner with Korea to strengthen relations with both countries especially balancing the trade deficit between the two countries.

The Vice President emphasised that security and economic development are top priorities for the next administration.

He said the government will make it easier for Korean businesses and other foreign investors to do business in Nigeria because Korea has always supported Nigeria in the international fora and the country has that obligation to reciprocate by supporting Korean businesses operating in Nigeria.

Earlier in his remarks, the Special Envoy of the President of the Republic of Korea , Mr. Jang Sungmin, congratulated Nigeria for the successful inauguration of the new government, and conveyed special invitation from President Yoon to his Nigerian counterpart, Bola Tinubu, to attend the forthcoming Africa-Korea Summit in South Korea.

He also restated his country’s continuous support for Nigeria across different sectors, noting that Korea’s collaboration with Nigeria can lead the 4th Industrial Revolution, maintaining that the country’s development is akin to Nigeria’s development.