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Korea vows to deepen ties with Nigeria on 45th anniversary of diplomatic relations

On the 45th anniversary of diplomatic relations, Korea pledged to deepen ties with Nigeria, focusing on economic cooperation, security, and people-to-people exchanges. Bilateral trade increased by 38.6% to over $2.2 billion in 2024, with Nigeria being Korea's key African trade and investment partner. Both countries are working to finalize agreements on double taxation avoidance and trade/investment promotion. Korea aims to enhance security collaboration, particularly in maritime security in the Gulf of Guinea.
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