Pohang City Hosts Special Lecture by Choi Jaeyoung, Director of Development Cooperation Support Bureau, International Development Cooperation Headquarters, Office for Government Policy Coordination

Explanation of the Concept, Necessity, and Future Directions of the Theme 'Approachable ODA'

Pohang City invited Choi Jae-young, Director of the Development Cooperation Support Bureau at the International Development Cooperation Headquarters of the Office for Government Policy Coordination, to give a special lecture on the theme of "Approaching ODA."

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] On the 7th, Pohang City in Gyeongbuk Province held a special lecture by inviting Choi Jaeyoung, Director of the Development Cooperation Support Bureau at the International Development Cooperation Headquarters of the Office for Government Policy Coordination, for about 100 senior public officials at the city hall's main conference room.

During the lecture, under the theme of "Approaching ODA," the concept and necessity of ODA were explained through various overseas cases, and time was spent discussing the future direction of our ODA development.

‘ODA (Official Development Assistance)’ refers to aid provided by the government and public institutions aimed at promoting economic development and social welfare in developing countries. It includes funds or technical cooperation provided to developing country governments, regions, or international organizations.

In the lecture, Director Choi Jaeyoung mentioned various overseas cases and stated, “ODA contributes to supporting sustainable growth in developing countries and realizing humanitarian goals, while also serving as a strategic tool that supports the country's foreign policy.” He emphasized, “With the recent growth of K-ODA, multifaceted efforts are necessary for overall social development, and building consensus on this is urgent.”

Recently, ODA has emphasized ‘cooperation’ through comprehensive partnerships with developing countries, attempting approaches in various fields such as ▲economic and social infrastructure construction ▲political stability ▲human capacity building ▲sustainable development, and is also discussing ways to utilize diverse development resources.

Mayor Kangdeok Lee of Pohang said, “I hope this lecture serves as an opportunity to reconsider the importance of ODA,” and added, “I ask that you make multifaceted efforts with a cooperative attitude for the overall development of city administration.”

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