- विज्ञापन -
Seoul: Ukrainian Prime Minister Denys Shmyhal confirmed that Ukraine has received a US$100 million loan from South Korea aimed at supporting the social sector.
In a post on social media X, Shmyhal said the loan is “the first budget assistance” from South Korea to support the social sector, Yonhap news agency reported.
🇰🇷 🇺🇦 Ukraine has received 100 million dollars from the Republic of Korea. This is the first budget assistance from our Korean partners to support the social sector. This year, an agreement was signed between our governments to provide up to 2.1 billion dollars. I am grateful to…
— Denys Shmyhal (@Denys_Shmyhal) November 29, 2024
He said Ukraine also signed an agreement with South Korea granting access to up to $2.1 billion in funding earlier this year. “I am grateful to the Government of the Republic of Korea for supporting Ukraine during a full-scale war,” Shmyhal wrote, referring to South Korea’s official name.
In April, South Korea signed a framework agreement with Ukraine to provide the war-torn country with $2.1 billion in long-term, low-interest loans through the Economic Development Cooperation Fund.
