PRIME Minister Ntsokoane Matekane has been invited by South Korean company, Samsung to attend the 2024 Korea African Summit scheduled for South Korea.
business
Feb. 14, 2023
NEO SENOKO
2 min read
PM invited to attend Korea-African summit
Prime Minister Ntsokoane Matekane
Story highlights
The World Expo focuses on creating a better future for all humankind
The Busan World Expo 2030 would run from May 1, 2030, to the end of October 2030
Strategic partnerships and bilateral agreements between South Korea and Lesotho which are crucial to the latter’s economic development efforts were highlighted during a recent tour to Lesotho by a South Korean delegation.
The Asian team led by the country’s Deputy Minister of Foreign Affairs, Do-Hun Lee, also comprised the Chief Executive Officer of Samsung Electronics Africa, Bumsuk Hong.
Lee’s visit to Lesotho further strengthened diplomatic relations between the two nations with economic cooperation being a primary focus.
According to the Minister of Foreign Affairs and International Relations Lejone Mpotjoane, the objective of the meeting was to seek Lesotho’s support for South Korea’s bid for the staging of the World Expo 2030 in Busan.
The Busan World Expo 2030 would run from May 1, 2030, to the end of October, 2030, in the event the South Korean bid succeeds.
The Busan World Expo focuses on creating a better future for all humankind and therefore fits perfectly into both governments’ aspirations.
Samsung Electronics vision has always been the upliftment of humanity through technology and innovation.
Supporting this strategic partnership and the bid for the World Expo to be hosted in Busan, during the 2030 edition would not only assist in strengthening the two countries’ bilateral agreement but would also contribute to the development of Lesotho’s economy.
An equally important agenda item was South Korea’s pledge to support the development of the Moshoeshoe I International Airport and offer guidance and expertise within the agricultural production sector.
This South Korean pledge follows an earlier investment by Samsung through its Corporate Social Responsibility (CSR) programmes. In December last year, Samsung launched the Samsung Innovation Campus with Lerotholi Polytechnic, an IT education programme designed to provide opportunities to deserving and previously disadvantaged youth to gain skills in coding, programming, artificial intelligence, and the internet.
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“The Samsung Innovation Campus initiative was started earlier this year and we are pleased to have made progress by getting into partnerships such as this one in such a short period of time. We are driven by bringing about positive social change and building a better world for all, not just through our products and services, but also by creating opportunities for learning and growth,” said Hong said during the launch of the Samsung Innovation Campus.
Hong, is extremely passionate about the programme given the educational themes that combine future core technology capabilities with soft skills that are essential for job creation.
Samsung strongly believes that Lesotho has the opportunity to further drive local developmental efforts leveraging World Expo. It is the perfect platform to share technological advancements and acts as a catalyst for eco-friendly innovations and a greener future for all, in line with the United Nations (UN)’s Sustainable Development Goals.
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