South Korea suspends military agreement with North Korea over trash balloons

South Korean President Yoon Suk Yeol said Tuesday that South Korea will accelerate negotiations with African countries on boosting investment and trade, as Seoul holds a summit with leaders of 48 African countries. Fly.

Yoon promised to increase development aid to African countries by $10 billion over the next six years in exchange for increased mineral supplies from the continent.

South Korea, one of the world’s biggest energy buyers, is looking to tap into Africa’s rich natural resources by offering to help build industrial and digital infrastructure.

Business leaders will hold a summit on Wednesday to discuss industrial development, food security, investment and trade.