Zelensky "Thankful for South Korea's New Financial Support Agreement"

Yoon Announces $2.3 Billion Support Plan at G20

Volodymyr Zelensky, President of Ukraine, expressed his gratitude for South Korea's economic support.

According to dpa news agency, President Zelensky stated in a video speech on the 16th (local time), "This week, significant progress was made in implementing the existing defense agreements and other support packages," and then listed the supporting countries to express his thanks. Regarding South Korea, he mentioned, "I am grateful for South Korea's new financial support agreement."

Korean and Ukrainian leaders shaking hands after joint press conference
[Photo by Presidential Office]

Earlier, President Yoon Suk-yeol announced a plan to support Ukraine worth 2.3 billion dollars (3.075 trillion won) at the G20 summit held in New Delhi, India, on the 10th. The South Korean government plans to provide 300 million dollars in grants to Ukraine next year and to offer 2 billion dollars in concessional loans through the Economic Development Cooperation Fund (EDCF) starting in 2025.

The public-private joint reconstruction cooperation team led by Won Hee-ryong, Minister of Land, Infrastructure and Transport, visited Kyiv, the capital of Ukraine, on the 13th and 14th, and the two governments officially signed the 'Grant Agreement,' the first step for EDCF concessional lending.

Minister of Land, Infrastructure and Transport Won Hee-ryong meets with Ukrainian President Zelenskyy
[Photo by Ministry of Land, Infrastructure and Transport]

On the same day, President Zelensky expressed gratitude for military and economic support from several countries besides South Korea. He said, "I am thankful for Denmark's new defense package, which is already the 12th," mentioning support including equipment, ammunition, and air defense missiles. He also listed additional U.S. sanctions against Russia, Germany's new military aid, Belgium's participation in pilot training, and Norway's additional reconstruction support.

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