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2024 South Korea–Africa Summit

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2024 South Korea–Africa Summit
Host countrySouth Korea
Date4–5 June 2024
MottoThe Future We Make Together
CitiesIlsan and Seoul
ParticipantsSouth Korea and 48 African Union member states
Website2024rokasummit.kr

The 2024 South Korea–Africa Summit is the inaugural summit hosted by the government of South Korea with 48 African countries.[1]

Participating countries

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Country Title Dignitary
 African Union Chair Moussa Faki
 Botswana Minister of International Affairs and Cooperation Lemogang Kwape
 Cameroon Minister of Foreign Affairs Lejeune Mbella Mbella
 Cape Verde President José Maria Pereira Neves[2]
 Chad Secretary of State Mahamat Ahmat Alhabo
 Djibouti Prime Minister Abdoulkader Kamil Mohamed
 Ethiopia Prime Minister Abiy Ahmed Ali
 Ghana Minister for Foreign Affairs and Regional Integration Shirley Ayorkor Botchwey
 Guinea-Bissau President Umaro Sissoco Embaló[2]
 Ivory Coast President Alassane Ouattara[2]
 Lesotho Prime Minister Sam Matekane[2]
 Madagascar President Andry Nirina Rajoelina
 Malawi Minister of Foreign Affairs Nancy Tembo
 Mauritius President Prithvirajsing Roopun[2]
 Mauritania President Mohamed Ould Cheikh El Ghazouani[3]
 Morocco Minister of Foreign Affairs Nasser Bourita[4]
 Mozambique President Filipe Nyusi[2]
 Namibia Minister of International Relations & Cooperation Peya Mushelenga
 Nigeria Minister of Foreign Affairs Yusuf Tuggar
 Rwanda President Paul Kagame[2]
 São Tomé and Príncipe President Carlos Vila Nova[2]
 Senegal Minister of Foreign Affairs Yassine Fall
 Sierra Leone President Julius Maada Bio
 Tanzania President Samia Suluhu Hassan[5]
 Togo President Faure Essozimna Gnassingbé[2]
 Tunisia Minister of Foreign Affairs Nabil Ammar
 Zambia Minister of Foreign Affairs Mulambo Haimbe
 Zimbabwe President Emmerson Dambudzo Mnangagwa[2]

Background

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Africa is a huge consumer market with a population of 1.4 billion and a GDP of $3.4 trillion, but South Korea's trade with Africa accounts for only 1.9% of total trade. South Korea has plans to further strengthen economic cooperation with Africa.[6]

Agreement

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South Korea and Tanzania announced the start of Economic Partnership Agreement (EPA) negotiations to deepen trade relations. In addition, to promote trade and investment, the Trade and Investment Promotion Framework was signed with eight African countries, including Ghana, Malawi, and Zimbabwe. Additionally, South Korea signed separate agreements on key minerals with Tanzania and Madagascar.[7]

"The partnership between South Korea and Africa is a tell-tale example of how global citizens, despite different backgrounds, can get together to achieve the goal of joint prosperity."

References

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  1. ^ Haye-ah, Lee (30 May 2024). "48 African countries to attend S. Korea-Africa summit". Yonhap News Agency. Retrieved 31 May 2024.
  2. ^ a b c d e f g h i j "Yoon to meet 10 African leaders ahead of Korea-Africa Summit". The Korea Herald. June 3, 2024.
  3. ^ "Korea, Africa agree on stable supply, development of critical minerals". The Korea Times. July 4, 2024.
  4. ^ "Moroccan FM emphasizes robust partnership between Korea, African nations". The Korea Times. July 4, 2024.
  5. ^ @SuluhuSamia (May 31, 2024). "Nimewasili nchini Korea Kusini ." (Tweet) – via Twitter.
  6. ^ "Korea-Africa Summit kicks off to boost economic ties". Yonhap News Agency. June 4, 2024.
  7. ^ "(LEAD) S. Korea-Africa summit paves way for stronger cooperation on trade, energy, economy". Yonhap News Agency. June 5, 2024.