Business is booming.

Korea to schedule maritime summit with Africa in 2024

HauwaAli

Korean Authorities have disclosed plans to schedule a maritime summit involving the entire Africa to strengthen ties on blue economy and Maritime issues.
The Deputy Minister for Overseas Koreans and Consular Affairs, Republic of Korea, Choi Yeong, disclosed this when he visited Nigerian Maritime Administration and Safety Agency (NIMASA), recently in Lagos.
Yeong and his team members visited the Beep Blue C4i Center, located in the NIMASA Nigerian Maritime Resource Development Centre (NMRDC) in Kirikiri, NIMASA e-Library, the Marine Environment Management Laboratory and the Kitack Lim Regional Maritime Safety and Security Centre of Excellence.
Choi Yeongwho wasled by the Korean Ambassador to Nigeria, Kim Young said, as one of the biggest countries in Africa, Nigeria has been chosen as gateway to unlocking the potential of the African continents blue economy.
Yeong commended the improved security situation in the Gulf of Guinea with the  presence of Nigeria.
He added that the Korean government looked forward to continuous support from the Federal Government in  intelligence and information sharing.
Nigeria is one of the biggest countries on the African continent in terms of economic size, population and market potential. So, Nigeria can be an essential partner to us, the people of Korea.
Nigeria can be our gateway to the whole of the African continent. We are glad to inform you that Korea has scheduled a summit involving the entire African continent in 2024 and hope it will strengthen the relationship with Nigeria and Africa, he said.
Director-General, NIMASA, Dr Bashir Jamoh, said the relationship between both countries dated over 40 years, and, therefore, a need to deepen it further.
He noted that Korea was a foremost maritime country with highly recognised capacity in ship building and ship repairs, adding that Nigeria was willing to partner Korea in shipbuilding for the short, medium- and long-term benefits of both countries.
There is no way the issue of trade can flourish without adequate security.
NIMASA is making steady progress in collaboration with the Nigerian Navy and other security agencies to secure the safety and security of investors, vessels, and seafarers in the Nigerian maritime domain.
Considering the fact that the population of Koreans is highest in Nigeria when compared to other African states, the need for an improved relationship between Nigeria and Korea cannot be over-emphasised.
Korea has arguably the best shipbuilding companies, globally, and that is an area we desire partnership.
We have commenced discussions with the Samsung Group and Hyundai as well on the issue of shipbuilding and ship repairs, Jamoh said.
On piracy issues in the Gulf of Guinea, the NIMASA boss said that since the 2nd quarter of 2021, there had been no issues of kidnapping and insecurity.
He assured the Koreans that the Federal Government was determined to achieve a safe and secured maritime domain in Nigeria, noting that the time to improve the Korean-Nigerian bilateral relationship, particularly in the fishing sector, was now.
I believe we can also explore improved interphase in areas such as deep-sea fishing. Fishing in Nigeria used to be a very large source of income, not far behind oil and gas.
The numbers are not looking very encouraging at the moment. Partnership will lead to more fishing trawlers in Nigerian waters, he said.

below content

Quality journalism costs money. Today, we’re asking that you support us to do more. Support our work by sending in your donations.

The donation can be made directly into NatureNews Account below

Guaranty Trust Bank, Nigeria

0609085876

NatureNews Online

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More