South Korea pledges $2.3 billion in humanitarian aid for Ukraine.
South Korean President Yoon Suk Yeol pledged £2.3 billion in aid for Ukraine to help the country rebuild itself and provide humanitarian support to those in need amid Russia's ongoing full-scale war, Seoul-based news agency Yonhap reported[1] on Sept.
10. South Korea will provide the first £300 million as humanitarian aid in 2024, and the rest will be given to Ukraine as long-term, low-interest loans through the country's aid fund, Economic Development Cooperation Fund (EDCF), according to Yonhap. "This will demonstrate our responsible role as a global pivotal state in leading assistance for the restoration of peace in Ukraine and lay the foundation for our full-fledged participation in Ukraine's future reconstruction," an unnamed presidential official told Yonhap.
In July, Yoon visited Kyiv for the first time to meet his Ukrainian counterpart Volodymyr Zelensky. During the visit, Yoon, whose country's policy bans the export of arms to a country at war, said that Seoul would "expand the scale of (non-lethal military) supplies from last year, when we provided materials such as helmets and bullet-proof vests." He also announced a £150 million humanitarian aid for 2023 at a press conference with Zelensky. According to a Wall Street Journal report published in May, South Korea, the eighth largest arms exporter[2] worldwide, is transferring hundreds of thousands of artillery rounds to Ukraine through the U.S. under a confidential agreement.
Neither Seoul nor the White House responded to a request for comment from the WSJ.
Ukraine war latest: Ukraine controls most of Klishchiivka south of Bakhmut, commander says Key development on Sept.
8: * Ukrainian forces take control of more than half of Klishchiivka south of Bakhmut * Military: Russia prepares strike force near Novoiehorivka in Lyman direction * Russian missiles hit 3 Ukrainian cities, killing 1, injuring more than 70 * Musk denied Kyiv's request...
[3] Asami TerajimaReporter
Asami Terajima is a reporter at the Kyiv Independent. She previously worked as a business reporter for the Kyiv Post focusing on international trade, infrastructure, investment and energy.
Originally from Japan, Terajima moved to Ukraine during childhood and completed her bachelor's degree in Business Administration at William Woods University in Missouri, U.S.A.
She is the winner of the 2023 George Weidenfeld Prize, awarded for "excellent investigative and courageous research activities" as part of Germany's prestigious Axel Springer Prize.
References
- ^ reported (en.yna.co.kr)
- ^ eighth largest arms exporter (en.yna.co.kr)
- ^ Ukraine war latest: Ukraine controls most of Klishchiivka south of Bakhmut, commander saysKey development on Sept.
8: * Ukrainian forces take control of more than half of Klishchiivka south of Bakhmut * Military: Russia prepares strike force near Novoiehorivka in Lyman direction * Russian missiles hit 3 Ukrainian cities, killing 1, injuring more than 70 * Musk denied Kyiv's request...
(kyivindependent.com)