Zimbabwe, S. Korea to deepen economic ties

Blessings Chidakwa-Herald Reporter

ZIMBABWE and South Korea are set to deepen economic relations, with a special envoy paying a courtesy call on President Mnangagwa yesterday.

 Technical teams from the two countries are set to meet in Zimbabwe and explore investment opportunities.

South Koreans have expressed interest in investing in energy, information communication technology, tourism, education, agriculture and mining.

Speaking after meeting President Mnangagwa at State House yesterday, South Korean special envoy Chey Tae-Won said they had good discussions and some proposals on how to develop the Zimbabwean economy and society.

“We discussed long-term plans and short-term solutions too. So His Excellency really appreciated the relationship between Zimbabwe and the South Korea side.

“He also looking forward to a long-term relationship. We will also have a lot of cooperation in the future too. There are so many areas we discussed that are energy, ICT, tourism, education, agriculture and mining,” he said.

The special envoy said the South Koreans were set to do feasibility studies with their Zimbabwean counterparts to ascertain areas which they can venture into immediately.

“So, we may need some more information and agree on the new technologies together with Government agencies like ZESA. 

“We just study that and then target how we can immediately impact the country,” he said.

South Korea and Zimbabwe established diplomatic relations in 1994 and the Korean government opened its embassy in Harare in 1995.

The two countries have developed cordial and practical cooperation in diverse areas.

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