Ekweremadu Seeks Greater Nigeria/Korea Economic Ties

Ekweremadu Seeks Greater Nigeria/Korea Economic Ties

The Deputy President of the Senate, Senator Ike Ekweremadu, has stressed the need for greater diplomatic and economic ties between Nigeria and the Republic of Korea.

Senator Ekweremadu made the call today when he received the Ambassador of the Republic of Korea to Nigeria, Noh Kyu-duk, in his Office in Abuja.

Senator Ekweremadu said, “both countries share some political history and it is also good we share development ideas”.

The Deputy President of the Senate commended the Republic of Korea for their support towards the socio-economic development of Nigeria, especially in the areas of education, Information and Communications Technology, agriculture, and manpower development through the Korea International Development Agency, KOICA.

He however called for more South Korean investment in Nigeria, noting that more efforts had been made by Nigerian government to boost infrastructure and make the nation’s business environment more conducive.

He assured that Nigeria would address a few lingering concerns of the South Korean business interests in Nigeria such as double taxation and pending issues in the oil and gas sector.

Senator Ekweremadu noted that parliamentary diplomacy between the national parliaments of both countries had enhanced bilateral relations and would be further sustained for mutual benefits of Nigeria and South Korea.

“No doubt, the Nigeria/Korea Parliamentary Friendship Group remains one of our major strides in bilateral cooperation, and I assure you that we will continue to strengthen this union for the good of our nations”, he added.

Earlier in his remarks, the Ambassador of the Republic of Korea to Nigeria, Noh Kyu-duk reiterated the need for greater economic and parliamentary cooperation between Nigeria and South Korea.

Ambassador Kyu-duk who was accompanied by the Counselor and Deputy Head of Mission, Taeho Uhm, pledged the continued support of the people and government of South Korea towards Nigeria’s development.

While congratulating the new leadership of the Nigerian National Assembly, he expressed the hope that the parliamentary relations between both countries would receive a boost under the new leadership.