Zimbabwe, Korea pledge investments

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Zimbabwe, Korea pledge investments


Zimbabwean Prime Minister Morgan Tsvangirai, left, makes a courtesy call on Korean President Lee Myung-bak yesterday at the Blue House. [YONHAP]

Prime Minister Chung Un-chan asked Monday for Zimbabwe’s support in helping South Korean firms take part in various reconstruction projects in the southern African nation, Chung’s office said yesterday.

In talks with his counterpart Morgan Tsvangirai, the prime minister highly praised the Zimbabwean government’s efforts to rebuild its economy and hoped the two countries would further their cooperative ties in economy, trade and development, the office said in a release.

He also asked Tsvangirai to help South Korean firms participate in reconstruction projects under way in Zimbabwe.

Tsvangirai responded positively to the request and asked to share in Korea’s success in rural development, as well as expand cooperation in the education field. He also asked for more South Korean investment in infrastructure construction, energy and resources development, the office said.

An investment protection agreement was signed after the two prime ministers concluded their talks.

Tsvangirai is the highest-ranking Zimbabwean government official to visit South Korea since the two countries forged diplomatic ties in 1994.

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