“The basis of the country’s reconstruction”: South Korea will provide $2.3 billion in aid to Ukraine

Kyiv will receive 300 million next year. And another 2 billion in 2025.

The South Korean government decided to provide $2.3 billion in financial aid to support Ukraine’s post-war reconstruction. First of all, Kiev will receive $300 million for humanitarian needs in 2024. This was announced by South Korean President Yoon Suk Yol. During a session titled “Shared Future” at the G20 summit in New Delhi (India), Yonha reported.

The remaining $2 billion will be sent to Ukraine in the form of long-term aid in 2025, and this amount will be used to support the country’s social and economic infrastructure.

Long-term assistance will be provided in the form of low-interest loans through the Economic Development Cooperation Fund (EDCF), which was launched by Seoul in 1987 to support economic and social infrastructure projects in developing countries.

“This will demonstrate our responsible role as a global pivot state in leading efforts to restore peace in Ukraine and lay the foundation for our full participation in the future reconstruction of Ukraine,” Yoon Seok Yeol said. said.

Let’s remember, in May, American analysts reported that South Korea had begun secretly sending hundreds of thousands of artillery shells to Ukraine. It was reported that Seoul transferred the bullets to the USA, and the USA organized their shipment to Ukraine. Such assistance will help the Ukrainian Armed Forces successfully carry out the counter-offensive.

Source: Focus

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