Assistance from South Korea’s major grant agency to closely align with government’s foreign policy priorities

President Hyuk-Sang Sohn of the Korea International Cooperation Agency, the major grant assistance agency of South Korea, stated in an interview that the agency will primarily focus on the New Southern Policy and the New Northern Policy, as well as the Green New Deal, which are major strategies of South Korea.

The New Southern and Northern Policies are the major foreign policies of the South Korean government. The New Southern Policy focuses on the Association of Southeast Asian Nations (ASEAN) member states as well as India, and the New Northern Policy focuses on Eurasian countries such as Uzbekistan, Kyrgyzstan, and Tajikistan.

The Green New Deal is a sustainable transition strategy that aims to promote more environmentally- and socially-aware development based on a low-carbon economy.

Sohn also stressed that Korea will take more of a leading role in international development cooperation than it has in the past, based on its agenda and strategy.

News article – Yonhap News (in Korean)