In its bid to boost the Nigerian economy, the Commercial Attache to South Korean Embassy, Mr Bohyun Pyun has assured that his country was set to open new business doors to Nigerian businesses.
Pyun, noted that South Korea was committed to partnering Nigerian businessmen, especially in Aba, in building a healthy business relationship between both countries.
Pyun, in Aba, on Thursday, during the Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA) Business Opportunity Forum, said the Korean Trade Investment Promotion Agency (KOTRA) which he leads was established to foster bilateral trade between South Korea and countries like Nigeria with business interests in South Korea.
The attaché said that South Korea’s major exports to Nigeria include petro-chemical products, automobiles, machinery, electronic gadgets and equipment, and electrical appliances.
He noted that South Korea imports from Nigeria to include such items as Liquefied Natural Gas (LNG), Liquefied Petroleum Gas (LPG), Lead, Aluminium and other solid minerals Liquefy.
Pyun disclosed that Aba, being a highly industrialised city and a notable economic hub in Nigeria, would be worth the efforts of South Korea to collaborate with.
He emphasised the need for South Korea to build a strong relationship with her Nigerian counterparts and would welcome Nigerian companies wishing to invest in South Korea.
The attaché expressed hope that the visit would result in creating more business opportunities between Nigerian businessmen and those of South Korea.
The Abia State Commissioner for Industry, Chief Henry Ikoh said the state had been working to ensure that small and medium scale industries were revived in the state.
He said that the government would give the Koreans a better platform to do business in the state.
Ikoh promised that his ministry would ease the process of getting necessary documentations for people wishing to do business in the state.
The commissioner said that government was ready to partner with business people who are desirous of supplying electricity to Aba to boost industrial development.
Earlier, the President, ACCIMA, Mr Ady Obadi said the forum was set up to discuss partnerships and collaborative openings with South Korea and South Horizon ltd, a gas supply company in Port Harcourt.
He expressed the hope that the discussions with the Korean attaché would open up avenue for the country to grant Aba businessmen quarterly quota for trade missions.
Obasi, meanwhile, stressed the need to address issues of visa refusal to South Korea, reversal of deportation of businessmen at the port or entry and refusal by South Koreans to accept “letters of credit as a term of payment”
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