-At Korea-Africa Summit
Seoul – The 2024 Korea-Africa Summit held an apt Business Roundtable at the Grand Hall 2&3 of the Grand Walkerhill in Seoul, focusing on Liberia’s investment opportunities and business climate. The event aimed to facilitate dialogue and collaboration between key figures from Liberia and Korea.
The roundtable was attended by H.E. President of Liberia, Joseph Nyuma Boakai, along with a delegation of eight members. The Korean side was represented by 25 leaders from various business sectors.
The event began with informal greetings among the participants, followed by the signing of a Memorandum of Understanding (MOU) with the Korea Agro-Fisheries & Food Trade Corporation (aT), represented by CEO Kim Chun-jin. This MOU is expected to strengthen cooperation in the agro-fisheries and food trade sectors between Liberia and Korea.
CEO Kim Chun-jin of the Korea Agro-Fisheries & Food Trade Corporation (aT) is leading the “Low Carbon Diet Food Campaign” to overcome the climate crisis. He said, “This campaign aims to change people’s habits. The IPCC Assessment Report 6 identified humans as the primary factor in climate change. How can we change people? By encouraging them to adopt low-carbon eating habits, we can change their behavior.
The climate crisis must be overcome. If we change people, we can overcome the climate crisis. The UN has announced that livestock and fisheries account for 31% of food emissions. Therefore, this is a campaign that can reduce emissions. With today’s MOU signing, we will work together with 679 organizations from 46 countries. Just as the slogan of this Korea-Africa Summit is “Creating a Future Together with Korea and Africa,” we hope to meet frequently and cooperate for the future we will create together.”
Chung Tong-soo, Honorary Ambassador for Foreign Investment Promotion of the Republic of Korea and former Commissioner of Invest Korea, delivered the welcoming statement, and emphasized the significance of strengthening economic ties between Korea and Liberia.
Minister of Information, Jerolinmek Piah, introduced the Liberian delegation, highlighting the diverse expertise and collaborative spirit they brought to the summit.
This was followed by a welcome speech from President Boakai, who expressed optimism about the potential for increased investment and mutual growth. President Joseph N. Boakai emphasized Liberia to be a “young country” with rich resources, and a country that offers enormous potential on agriculture and forestry.
An interactive discussion on Liberia’s business climate and investment opportunities was co-led by Hon. Jeff Blibo, Chairman of the Liberia National Investment Commission, and Honorary Ambassador for Foreign Investment Promotion, Chung Tong-soo. The discussion provided an in-depth analysis of Liberia’s economic landscape, focusing on key sectors for investment and the country’s commitment to creating a conducive environment for foreign investors.
The event concluded with an official group photo session, capturing the collaborative spirit of the summit, followed by a networking session that allowed participants to engage in more informal discussions and forge new partnerships. The 2024 Korea-Africa Summit Business Roundtable successfully underscored the mutual benefits of enhanced economic cooperation between Korea and Liberia, setting the stage for future collaborations and sustainable development initiatives
