South Korea and Ethiopia to Boost Trade and Investment Ties, Announces Ambassador Jung Kang

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Addis Ababa: Ethiopia and the Republic of Korea have reaffirmed their commitment to deepening cooperation in trade and investment, according to South Korean Ambassador to Ethiopia, Jung Kang.

According to Ethiopian News Agency, Ambassador Jung emphasized that both nations are working to enhance bilateral ties, particularly by boosting trade volume. He highlighted that the relationship between Ethiopia and South Korea extends beyond diplomacy and is grounded in shared historical ties forged through mutual sacrifice.

Ambassador Jung recalled Ethiopia’s significant contribution during the Korean War (1950-1953), describing it as a defining moment in Korea’s struggle for independence. The relationship between the two countries, he noted, is sealed by blood and sacrifice and has endured for 74 years, continuing to grow stronger, especially over the past two decades.

According to the Ambassador, Ethiopia is the largest African recipient of South Korea’s official development assistance (ODA), underscoring a broa
d partnership that spans politics, trade, education, health, technology, agriculture, infrastructure, and cultural exchange. The ambassador reiterated both countries’ resolve to further strengthen their diplomatic relationship and expand cooperation based on mutual benefit and shared interests.

“We aim to build more balanced and mutually beneficial relations,” he added. He acknowledged Ethiopia’s ongoing contributions to global peacekeeping missions across Africa, including in Congo, Rwanda, Liberia, Sudan, Somalia, Burundi, and South Sudan. The country has earned global recognition for its strong peacekeeping dedication in various countries, he added.

He also expressed deep gratitude for Ethiopia’s enduring support and reaffirmed South Korea’s commitment to advancing the historic and strategic partnership between the two nations.