Harboursandport.com: Lagos - Nigeria and South Korea have agreed to collaborate in trade and shipping development. This was disclosed in Lagos during a meeting between the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, and Consul General, Embassy of the Republic of Korea in Nigeria, Kim In-Taek.
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Consul General,
Embassy of the Republic of Korea in Nigeria, Kim In-Taek, making a presentation
to the Director General, Nigerian Maritime Administration and Safety Agency
(NIMASA), Dr. Bashir Jamoh, after a meeting in Lagos.
A statement signed by Head, Corporate Communications of NIMASA, Philip
Kyanet, noted that both countries have maintained good maritime and
trade relations since the 1980s, but that Jamoh and In-Taek said there was need
to expand the relationship in line with global economic dynamics.
The NIMASA
Director-General told newsmen after the meeting with the South Korean envoy
that development of Nigeria’s maritime potential was a critical element of
President Muhammadu Buhari’s economic diversification agenda. He said the
Republic of Korea was an important partner in the effort to harness the
enormous treasures of Nigeria’s marine
environment.
Jamoh
stated, “There is a great deal of interest in harnessing our rich maritime
resources and potential as new sources of government revenue under the Nigerian
government’s economic diversification drive. We see South Korea as very
important here.
“The
relationship between the two countries dates back to the 1980s. We have been
together on trade, power, and energy. And in the meeting I had with In-Taek, we
discussed possible areas of cooperation in terms of ship repairs and ship
recycling and we agreed that we will continue to improve on trade cooperation.”
The
Director-General added, “To consolidate on the already existing relationship
and increase our trade and maritime cooperation, especially in the areas of
shipbuilding, ship repairs, and ship recycling, among other aspects of shipping
development, there needs to be more effort from both countries.
“Interestingly,
we are agreed on the need to improve cooperation in these areas.”
The
Director-General reiterated that shipping development was part of his
administration’s three-point agenda, which also includes maritime safety and
maritime security.
In-Taek,
in his own remarks, described NIMASA as a very important organisation, saying
Korea is willing to develop a good relationship with the Nigerian maritime
sector.
He said,
“Nigeria has the potential because it is a leading country, not only in the
shipping area, but also in other businesses in Africa. Nigeria has a big
economy, with the population as an added advantage in the continent, hence, the
Koreans can do business with Nigeria successfully.”
In-Taek,
who is nearing the end of his two-year tenure in Nigeria, thanked the Korean
authorities for giving him the opportunity to serve in Nigeria. He called on
the NIMASA Director-General to extend the cooperation accorded him to his
successor.
Korea is
a leading shipbuilder in the world, accounting for nearly 40 per cent of global
ship orders.
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