President Major General Muhammadu Buhari (retd) invited top Korean business executives to increase their investments in Nigeria in Seoul; saying that his administration would keep working steadfastly to create a favourable environment at home for companies to thrive.
According to a statement made by Femi Adesina, Special Adviser to the President on Media and Publicity, Buhari was quoted as having made the remarks during an audience he gave to representatives of important Korean businesses and industries on the eve of the World Bio Summit 2022 in the capital of the Republic of Korea.
“The estimated $1. 3 billion in trade between the two nations read, “Earlier, President Suk-Yeol had sympathized with President Buhari over the massive havoc and human losses caused by flood in his country.”
The need for cooperation at the multilateral level, particularly the United Nations, was also discussed by the two leaders. South Korea expressed interest in competing for a seat on the Security Council in 2024 and sought Nigeria’s support. The Korean leader did the same when she asked Nigeria to support her nation’s bid to host the 2030 EXPO.
“The bilateral talks also touched on the issue of peace on the Korean Peninsula, demilitarization, and denuclearization of the region.”