Nigeria-South Korea To Widen Trade Relations

Written by on October 26, 2022

President Muhammadu Buhari has expressed Nigeria’s desire to widen the scope of trade relations with the Republic of Korea beyond gas exports.

Speaking in Seoul today during a bilateral meeting with his Korean counterpart, Mr. Yoon Suk-Yeol at the Presidential Palace on the sidelines of the First World Bio Summit, the Nigerian President called for expansion from the long-term gas contract to other areas.

In this respect, the Nigerian leader said he looked forward to enhanced defence and security cooperation with the Republic of Korea.

On his part, President Suk-Yeol sympathized with President Buhari over the massive havoc and human losses caused by flood in his country.

He described Nigeria as Africa’s largest economy and cultural powerhouse that produces huge number of films, expressing confidence that Nigeria’s economic and cultural capabilities will contribute significantly to exchanges and cooperation between both countries.


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