South Korea partners with UNHCR to develop professionals in area of humanitarian assistance

The Korea International Cooperation Agency (KOICA) has signed a memorandum of understanding with UNHCR on dispatching KOICA multilateral cooperation officers to UNHCR field offices. The move is designed to help South Korean youth to build expertise and experience in the area of global refugee protection and humanitarian assistance, aligning with the South Korean government’s commitment to expand and strengthen its humanitarian aid, which is also reflected in its official development assistance strategy and action plans.

Press release – KOICA (in Korean)

South Korea

South Korea strengthens ties with Georgia through concessional loans

South Korea's Ministry of Foreign Affairs has signed an agreement on concessional loans with Georgia. Provided by the Economic Development Cooperation Fund (EDCF) of South Korea’s Export-Import Bank, the loans will aid Georgia’s socioeconomic development. In return Georgia will grant tax exemptions on the loans and support South Koreans’ activities on loan projects.

Press release – Ministry of Foreign Affairs

South Korea

South Korea partners with UNICEF to help vulnerable children in the Philippines

The Korea International Cooperation Agency (KOICA) and UNICEF, the United Nations children's fund, have partnered with the Philippines' government to provide comprehensive nutrition and health programs to children during their first 1,000 days of life. The programs will also help mothers with children between birth and age five have access to key health and nutrition services.

KOICA will provide a total of US$6 million to this program, which will benefit around 50,000 infants and children.

Press release – UNICEF Philippines

South Korea Nutrition

South Korea provides gas cookers for Rohingya refugees in Bangladesh

The Korea International Cooperation Agency (KOICA) has partnered with an international development organization and the World Food Programme (WFP) to support Rohingya refugees in Bangladesh by providing 100,000 gas cookers. This will relieve the burden of searching for firewood which can cause accidents as well as deforestation.

KOICA will contribute US$354,000 for the program and the partner organiation will provide KRW1 billion (US$862,000). WFP will supply fuel and training on using the devices.

News article – Yonhap News

South Korea

South Korea passes ODA budget for 2019

The Committee for International Development Cooperation (CIDC) of South Korea held its first official meeting for 2019. Chaired by the prime minister, CIDC announced the finalized official development assistance (ODA) budget for 2019, approved by the National Assembly.

The total ODA budget for 2019 is KRW3,200.3 billion (US$2.8 billion) with 78% disbursed as bilateral ODA and 22% as multilateral support. Within bilateral funding, 54% will be allocated as grants and 46% as concessional loans. South Korea will continue to focus its development cooperation on Asia and Africa, with the latter receiving around 22% of bilateral ODA.

Press release – Prime Minister’s Office (in Korean)

South Korea

South Korea and Azerbaijan agree on grant support framework

South Korea and Azerbaijan signed a framework agreement on grant support to enhance the bilateral partnership between the two countries. This agreement laid out the legal basis for joint cooperation on grant support and technical assistance.

Azerbaijan has been a priority country of South Korea’s official development assistance (ODA) since 2011. The two countries have cooperated on a number of areas including infrastructure, energy construction, and transport.

News article – Azer News

South Korea

South Korea joins the Eminent Persons Advisory Group of ESCAP

Former United Nations (UN) ambassador Oh Joon of South Korea joined the Eminent Persons Advisory Group of the UN Economic and Social Commission for Asia and the Pacific (ESCAP) for 2019. He joins six other advisory members in providing advice to UN ESCAP to link its programs to the Sustainable Development Goals (SDGs), redefine the roles of the secretariat, and strengthen its partnership with its member states.

The appointment will contribute to South Korea’s enhanced cooperation with UN ESCAP and its contribution to global development.

Press release – Ministry of Foreign Affairs

South Korea

South Korea joins CABEI, strengthening its support for development in Central America

The South Korean government has signed a protocol of accession to the Central American Bank for Economic Integration (CABEI), becoming its 14th member. CABEI is a multilateral development bank that was established in 1960. Its membership is made up of countries from within and outside Central America.

The bank's main goal is to promote economic development and regional integration of the region by providing financial support to the infrastructure and energy sectors. South Korea is also expected to serve on the board of directors.

Press release – Ministry of Foreign Affairs

South Korea

South Korean organization publishes statistics on CSOs involved in international development

The South Korea non-governmental organization (NGO) Council for Overseas Development Cooperation (KCOC), with support from the Korea International Cooperation Agency (KOICA), surveyed 144 civil society organisations (CSOs) engaged in international development cooperation to analyze their international development activities implemented in 2017. 

KCOC found there has been a steady increase in the number of CSOs active in the field since 1990. These CSOs have been engaged in various issues including human rights, environment, and gender, both with and without religious affiliation. A large share of funding for these CSOs come from private donors including individual donations, with government funding accounting for around 13%.

The report is available in Korean and the executive summary is available in both Korean and English.

Press release – NGO KCOC

South Korea

South Korea deepens relationship with Morocco, signing six MOUs during recent visit

South Korean Prime Minister Lee Nak-Yon has signed six memoranda of understanding (MOUs) with Morocco in the areas of trade, environment, and education during his official visit to Morocco. The MOUs reflect South Korea’s provision of an additional US$0.6 million for an automobile vocational training center, and a joint research project to solve electricity shortage problems in Africa. The MOUs will also pave ways for expanded cooperation in higher education, research and development, and the private sector.

Prime Minister Lee also visited Algeria and Tunisia to strengthen South Korea’s relations with the two African countries.

News article – Yonhap News

South Korea