Korea-Africa Summit: Commitments of South Korean president Yoon Suk Yeol for shared growth and strengthened solidarity
In Seoul, Korean President Yoon Suk Yeol inaugurated the first Korea-Africa Summit, a historic event that brought together 25 African heads of state and government, as well as the President of the African Development Bank Group, Akinwumi Adesina. This summit, which saw the participation of representatives from 48 African countries, focused on building a common future based on shared growth, sustainability, and solidarity.
The summit, titled “The Future We Build Together: Shared Growth, Sustainability, and Solidarity”, served as a platform to discuss common opportunities and challenges. Discussions covered key topics such as trade, investment, sustainable development, and cooperative solidarity.
President Yoon Suk Yeol took the opportunity to announce Korea’s commitment to strengthening its frameworks for promoting trade and investment with African countries. He pledged to expand investment protection agreements, aiming to create a more favorable environment for economic exchanges and partnerships between Korea and African nations.
This Korean initiative aims to boost bilateral trade and encourage investments in various economic sectors, including infrastructure, energy, technology, and agriculture. By strengthening these economic relations, Korea and African countries hope to foster mutually beneficial and sustainable economic growth.
The summit also highlighted the importance of solidarity in pursuing sustainable growth. The leaders present discussed ways to cooperate more closely to address global challenges such as climate change, food security, and public health. Korea expressed its support for development initiatives in Africa, notably through technological partnerships and training programs.
