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Mozambique Brings More Than 30 Entrepreneurs to the First Korea-Africa Summit in June

Mozambique Brings More Than 30 Entrepreneurs to the First Korea-Africa Summit in June

More than 30 Mozambican companies, both public and private, will showcase the country’s potential and establish trade links with their Korean counterparts at the 1st Korea-Africa Summit, to be held from 3 to 5 June in the capital Seoul.

At least 30 statesmen have been confirmed for the event, including Mozambique’s Filipe Nyusi.

The information was shared this morning in Maputo (14) by the Korean ambassador accredited to Mozambique, Won Sok Choi, speaking to the press after his visit to the Mozambique Chamber of Commerce (CCM).

The diplomat explained that with the event Korea wants to promote bilateral relations with the African continent, including Mozambique.

‘The Korea-Africa Summit is the first summit that the Korean government has organised to talk about cooperation between Korea and African countries. It is also a good opportunity for the Mozambican government to explore new areas of co-operation with Korea,’ he said.

He said that the Mozambican President ‘visited South Korea in 2021 to take part in the departure ceremony of the Coral-South platform and in 2022, the Prime Minister of South Korea came to Mozambican to further develop bilateral relations’.

For this reason, he argues that the Mozambican President’s visit to Korea this year should serve to ‘further develop bilateral relations at a political and economic level’.

He emphasised Korea’s active participation in Mozambique through Kogas, a South Korean company that commercialises natural gas and generates electricity, in natural gas development projects in the region, as well as the growing interest of South Korean companies in establishing commercial partnerships with Mozambique.

She also emphasised cooperation in various areas, including food safety, road safety and maternal and child health, as testimony to the ongoing commitment of both countries to promoting sustainable development and the well-being of their citizens.

The Secretary General of the Mozambique Chamber of Commerce, Teresa Muenda, confirmed that the country would be showcasing its potential at the summit.

‘We, as the private sector, are bringing Mozambique’s potential. We want to show them off so that we can trade with them and also take advantage of the summit to exchange experiences with businesspeople from African countries. On the Korean side, we want to develop partnerships to further leverage our business sector,’ he said.

He said that the country’s delegation, which brings together businesspeople from all the provinces, will seek, among other things, to exploit the potential that Korea has at its disposal in the areas of energy, information and communication technologies and hospital equipment.

‘The Mozambican public and private sectors are coming together with the aim of “seeing how we can increase trade relations between the two countries”.

In Korea, Mozambique will also take part in a business forum.

Mozambique and Korea currently cooperate as non-permanent members of the United Nations Security Council.

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