President Moon: "Swift Consideration of Humanitarian Aid for Ukraine" (Comprehensive)

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] President Moon Jae-in on the 28th instructed to swiftly arrange humanitarian aid for Ukraine.

At the staff meeting that day, President Moon said, "While participating in international sanctions against Russia, please firmly prepare countermeasures for any problems that may arise due to the sanctions." In this regard, our government has announced that it will begin consultations with the United States early next month to discuss details related to participation in export controls.

President Moon also added the instruction to "swiftly arrange humanitarian aid for Ukraine." This appears to refer to the necessity for us to join in humanitarian aid for Ukraine, as major countries, including the U.S. Department of State, announced a $54 million humanitarian aid plan on the 27th (local time).

Meanwhile, President Moon received a report that the impact on global supply chains, including energy and grains, is expected to become visible, and said, "Establish a hotline with companies to closely monitor supply and demand situations, and continuously stabilize supply and demand through third-country imports, inventory expansion, and securing substitutes."

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