Director of the National Office for Government Policy Coordination Attends Ukraine Reconstruction Meeting... Actively Supports Reconstruction Projects

by Ku Chaeeun

Published 22 Jun.2023 09:56(KST)

South Korea to Provide $130 Million in Aid for Ukraine Reconstruction This Year

Bang Moon-gyu, Director of the Office for Government Policy Coordination, attended the Ukraine Recovery Conference held over two days from the 21st to the 22nd in London, United Kingdom. Director Bang introduced plans to provide an additional $130 million in support this year, following last year's $100 million contribution to Ukraine's reconstruction projects.

The Ukraine Recovery Conference was held for the second time, following last year's meeting in Lugano, Switzerland. Representatives from 61 countries including the G7 and the EU, 33 international organizations, and over 400 companies participated. The conference reviewed the current damage situation in Ukraine and the recovery needs. Detailed aspects of reconstruction and recovery were also discussed.

Director of the National Office for Government Policy Coordination Attends Ukraine Reconstruction Meeting... Actively Supports Reconstruction Projects

At the event, Director Bang stated, “Based on Korea's post-war economic development experience, we can support the reconstruction of essential infrastructure and the restoration of basic social services in Ukraine.” He also held bilateral meetings with key countries. In a meeting with Ukraine’s Deputy Prime Minister and Minister of Economic Development, Svyrydenko, Director Bang reaffirmed the outcomes of the bilateral summit held on May 21 this year. They agreed to continue discussions on cooperation measures, including humanitarian aid.

In a meeting with the United Kingdom’s Minister of State for the Indo-Pacific, Truelove, they agreed to expand bilateral cooperation in the Indo-Pacific region based on the ‘Development Cooperation Letter of Intent’ signed in May.

Director Bang also met with Emiliewicz, Poland’s Government Plenipotentiary for Development Cooperation. Under the close economic cooperation between the two countries, they agreed to jointly explore cooperation measures for Ukraine’s reconstruction and recovery. He also met with Ghana’s Minister of Trade and Industry, Hammond, to discuss development cooperation projects between the two countries.

Director Bang is scheduled to attend the ‘Summit for a New Global Financial Pact’ held in Paris starting on the 22nd as the senior representative of the Korean government.