Tinaye Agere
Hebert Zharare in SEOUL, South Korea
PRESIDENT MNANGAGWA held a bilateral meeting with his South Korean counterpart, President Yoon Suk Yoeul, on Monday morning ahead of the official opening of the inaugural South Korea-Africa Summit.
The President was accompanied by Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube, Foreign Affairs and International Trade Minister Ambassador Frederick Shava and Zimbabwe’s Ambassador to South Korea Mr Stewart Nyakotyo for the meeting held at President Yoeul’s office in Seoul.
President Mnangagwa first signed a visitors’ book before engaging his counterpart in a meeting that lasted over 15 minutes.
The summit, which is being held under the theme “The Future We Make Together: Shared Growth, Sustainability and Solidarity”, starts tomorrow and ends on Wednesday.
On Sunday, Minister Shava signed an Air Services Agreement with his South Korean counterpart, Mr Cho Tae-Yul.
The Air Services Agreement on Cooperation and Assistance between Harare and Seoul will play a crucial role in shaping international aviation policy and fostering cooperation between the two countries.
Zimbabwean ministers here will sign more deals in areas of finance, investment, information and communication technologies, as well as food and security.
South Korea is one of the most developed economies in the world, anchored mainly on industrial manufacturing technology, aviation, state-of-the-art agriculture production, value addition and advanced rail systems, including manufacturing of high-speed trains.
Ranked 12th among the world’s economic giants, with a gross domestic product of US$2 trillion, South Korea is home to companies such as Samsung, LG and carmakers Hyundai, KIA, Daewoo and Ssangyong Motors, among others.
Bongani Ndlovu
Online Reporter