Shettima says Nigeria is dedicated to expanding trade and technology with China

The Vice President of Nigeria, Kashim Shettima, has reaffirmed the country’s dedication to developing its relations with the Republic of Korea, particularly in the areas of encouraging trade, facilitating the transfer of technology, and preserving global peace.

Shettima made this revelation yesterday at the Presidential Villa in Abuja, when he was hosting a team from the Republic of Korea. The delegation was led by Jang Sungmin, who is the Special Envoy to the President of Nigeria.

He emphasized that both nations have “a very robust bilateral relationship anchored on years of mutual trust and cooperation.” He went on to say that many Korean companies do business in Nigeria, particularly in the area of oil and gas, and that Korean companies constructed six of Nigeria’s Liquified Natural Gas (LNG) trains. He concluded by saying that both nations have “very strong bilateral relationships.”

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“We are absolutely committed to maintaining a relationship that is really robust. We have a great deal to gain from Korea’s experience, particularly in the fields of agriculture and manufacturing. The Vice President stated that other emerging countries should try to model their prosperity after your country since “you are a success story worthy of emulation.”

In addition to this, he made the following observation: “Many years ago, in the 50s and 60s, the Korean GDP was comparable to that of many African countries. But now, Korea is considered to be one of the developed nations. This is owed, in part, to the leadership of the Korean people and their commitment to the cause.

“We are willing to work with you in the field of technology because by the year 2030, there will be a global talent shortage of 65 percent, with the United States, Russia, and Brazil each suffering a talent shortfall of six million. Because Nigeria is still a relatively young nation, I believe that our country is in a particularly advantageous position to make up for those gaps.

Seventy-five percent of Nigeria’s population is under the age of 35, according to the country’s census. Therefore, we are writing to ask for your partnership and assistance in providing our young people with training in digital skills. In the realm of digital work, we intend to produce one million new jobs. Last year, India made a total of $120 billion from international outsourcing, and our country is currently in a privileged position to make the most of opportunities in this industry. We need the skill set, we need the technology to drive the process, and your technology is a technology that we can embrace. ”

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Earlier, Sungmin sent his congratulations to Nigeria on the successful inauguration of a new administration. He also delivered a special invitation on behalf of President Yoon to his counterpart in Nigeria, Bola Tinubu, to attend the upcoming Africa-Korea Summit in South Korea.

In addition, he reaffirmed his nation’s unwavering support for Nigeria across a variety of domains and made the observation that “collaboration with Nigeria could lead the 4th Industrial Revolution.”

Members of the Special Envoy’s delegation included Ambassador Kim Young-chae, who serves as the Ambassador of the Republic of Korea to the Federal Republic of Nigeria; Mr. Yoo Chang-ho, who serves as the Deputy Secretary to the President for Future Policy; Mr. Jang Sangwoo, who serves as the Deputy Director for Planning and Execution Team, Bid Committee for World Expo 2030 Busan; Mr. Guillaume Barthe-Dejean, who serves as the Vice President of SK; Mr. Kim In

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