Korea Capital Awards 10 Million Won Scholarship to Descendants of Ethiopian Korean War Veterans

Korea Capital, a subsidiary of the Military Mutual Aid Association, announced on the morning of the 22nd at the War Memorial that it had awarded scholarships of 1 million KRW each to more than 10 descendants of Ethiopian veterans in honor of the Month of Patriots and Veterans.

Jung Sang-chul, CEO of Korea Capital, is taking a commemorative photo after the scholarship award ceremony for descendants of war veterans. Photo by Korea Capital

The event was attended by Ethiopian veterans who participated in the Korean War 72 years ago, including ▲Terefe Ygzaw (age 91) ▲Shiferaw Biratu (age 89), ▲Shin Gwangcheol, Chairman of the Korean War Veterans Memorial Project Association, and ▲Jung Sangcheol, CEO of Korea Capital, among other officials.

Jung Sangcheol, CEO of Korea Capital, said, “We are grateful for the noble courage and sacrifice of those who willingly participated as part of the United Nations from faraway Africa 72 years ago, making today’s Republic of Korea possible,” and added, “We are pleased to express our gratitude to the descendants of the veterans in this way.”

On this day, CEO Jung introduced two Ethiopian veterans attending the event and presented them with thank-you gifts. He also awarded scholarships of 1 million KRW each to 10 descendants of Ethiopian veterans, including Nathan Getaneh Aafaw (age 20, a student at Seoul National University), and personally encouraged them.

Veteran Shiferaw Biratu said, “I am happy to attend this meaningful event today and pray that the day of reunification will come soon.”

Shin Gwangcheol, Chairman of the Korean War Veterans Memorial Project Association, said, “We are very grateful that Korea Capital, a subsidiary of the Military Mutual Aid Association, supports the Ethiopian veterans who fought alongside us risking their lives in the Korean War, our ‘friends,’ without forgetting them during the Month of Patriots and Veterans.”

Meanwhile, Ethiopia, located on the opposite side of the globe, dispatched troops when the Korean War broke out and participated in frontline battles in Hwacheon, Cheorwon, Yeoncheon, and other areas for one year starting from July 1952.

This content was produced with the assistance of AI translation services.