African leaders in Seoul at the Korea-Africa Summit have agreed to ensure a stable supply of minerals to South Korea, marking a new phase of cooperation.
The joint declaration between South Korea and 48 African nations includes plans for a high-level dialogue focusing on mineral extraction and value addition.
While South Korea promises investment in Africa’s mineral-rich countries, African leaders emphasize the need for technology transfer and financial support. The summit also touches on issues like trade agreements and clean energy investment.
Overall, the collaboration aims to boost economic growth and development in Africa while enhancing bilateral relations with South Korea. Although some key demands were not addressed, the promises of financial aid and infrastructure development offer hope for future partnerships.
The summit sets the stage for further discussions on trade, investment, and technology cooperation between Africa and South Korea.
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