South Korea Allocates $150 Mln to Defence Ukraine

by Meifan Honcharuk
Tuesday, July 18, 2023
South Korea Allocates $150 Mln to Defence Ukraine

Financing of military, educational and reconstruction projects

On July 16, the president of Korea, Yoon Seok-yeol and his wife, Kim Keon-hee, arrived in Ukraine. During a joint briefing with Volodymyr Zelenskyy, Yoon Seok Yeol announced that Korea will allocate more funds for humanitarian and defence assistance to Ukraine. In 2022, Korea invested $100 million in bulletproof vests, helmets and other ammunition, and this year can count on $150 million. Last year, Korea took part in the restoration of Ukrainian educational institutions, and this year the state will continue this tradition.

"Also, we would like to provide Ukraine with support for future generations through the scholarships of the two presidents," Yoon Seok Yeol.

The president of Korea shared that the current Ukraine resembles him Korea 70 years ago.

"About 70 years ago, the Republic of Korea also suffered an illegal invasion by North Korea. About 90% of the territory of our Korea was occupied, and we faced the threat of the disappearance of the state. However, thanks to our military and civilians who helped them as much as possible, we could stop the occupier and expel them from our land."

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