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Tue, 04 Jun 2024 Agriculture

Korea-Africa Summit: New Value in Agricultural Partnership and K-Ricebelt MoU Expansion

  Tue, 04 Jun 2024
Korea-Africa Summit: New Value in Agricultural Partnership and K-Ricebelt MoU Expansion
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Korea and Africa discuss ways to bring a new value to their partnership and work together against a global challenge at the Korea-Africa Agricultural Conference, with participation of the presidents of the Comoros, Zimbabwe, and Madagascar, as well as ministers of nine African countries. Also, Madagascar, Malawi, Angola, and Zimbabwe sign an MoU with the MAFRA, regarding the K-Ricebelt project participation. At the Korea-Africa Business Summit, Korean Agriculture Minister Song will discuss global supply chain cooperation with the presidents of participating African countries and companies from both sides.

Sejong, 4 June 2024 — On the occasion of the Korea-Africa Summit, Minister Song Miryung of Agriculture, Food and Rural Affairs of the Republic of Korea will carry out agricultural diplomacy. To this end, Minister Song will hold the Korea-Africa Agricultural Conference and attend the Korea-Africa Business Summit on 5 June 2024 in Seoul.

On 5 June at the Korea-Africa Agricultural Conference, there will be discussions on diverse ways directed towards building a mutually-constructive and future-oriented partnership between Korea and Africa and thus making a joint response to a global challenge such as climate change. The conference will be attended by President Azali Assoumani of the Union of the Comoros, President Emmerson Mnangagwa of the Republic of Zimbabwe, and President Andry Rajoelina of the Republic of Madagascar, as well as ministers of nine African countries.

In addition, on the same day at the agricultural conference, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) will sign a Memorandum of Understanding (MoU) on participation in the K-Ricebelt project with four African countries—the Republic of Angola, the Republic of Madagascar, the Republic of Malawi, and the Republic of Zimbabwe. The K-Ricebelt project is an official development assistance (ODA) project aimed to share South Korea’s high-yielding rice seeds and agricultural expertise to increase Africa’s rice productivity. The ministry will also sign an MoU with the Union of the Comoros, regarding the exchanges of agricultural knowledge and the enhancement of public-private cooperation.

The current members of the K-Ricebelt project include the Republic of Cameroon, the Republic of Côte d'Ivoire, the Republic of the Gambia, the Republic of Ghana, the Republic of Guinea, the Republic of Guinea-Bissau, the Republic of Kenya, the Republic of Senegal, the Republic of Sierra Leone, and the Republic of Uganda.

On 5 June, at a third session of the Korea-Africa Business Summit, under the theme of ‘Strengthening Food and Mineral Security,’ Minister Song will have discussions with the presidents of participating African countries and companies from both sides, regarding the ways to strengthen reciprocal cooperation on global supply chains by taking advantage of Korea’s advanced technologies and expertise of agriculture as well as the potential of Africa’s large wealth of core minerals.

Minister Song said, “As African countries have a lot of interest in agricultural cooperation with South Korea, I feel a sense of responsibility that the Ministry of Agriculture, Food and Rural Affairs should play an important role to turn this Korea-Africa Summit into a great success.”

Song added: “I will make the utmost effort to help Africa achieve agricultural development by taking advantage of Korea’s experience of having overcome the perennial ‘spring famine’ season. And at the same time, I will do my best to carry out agricultural diplomacy by paving the way for Korean companies related with K-food, Korean agricultural equipment, and other sectors to enter the African market.”

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Started: 02-07-2024 | Ends: 31-10-2024

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