South Korea to provide Ukraine with US$2.3 billion in financial assistance
Pravda Ukraine
South Korean President Yoon Suk Yeol has vowed to provide Ukraine with financial assistance worth US$2.3 billion for recovery effective 2025.
Source: Yonhap news agency
Details: Yoon pledged this during a session of the Group of 20 (G20) summit in New Delhi
Therefore, South Korea will provide an initial US$300 million in humanitarian aid in 2024 and the remaining US$2 billion via long-term low-interest loans through the Economic Development Cooperation Fund (EDCF) starting in 2025.