South Korea’s foreign ministry organizes strategic meeting on grant assistance for systematic and effective implementation of foreign development assistance

South Korea’s Foreign Minister Eui-yong Chung chaired the launch of the first 'Free Development Cooperation Strategy Meeting' that brought together representatives of multiple ministries and government agencies implementing grant assistance, including the Ministry of Economy and Finance, the Ministry of Education, and the Ministry of Gender Equality.

These strategic meetings on grant assistance will work as the highest-level meeting that deliberates and decides on South Korea’s overall grant assistance, as well as discuss related major strategies and policies, in order to strengthen the system and effectiveness of grant assistance implementation.

Experts have pointed out that fragmentation in the official development assistance (ODA) system is one of South Korea's major challenges. Chung stated that with the increase of South Korea’s ODA budget, the quality of foreign assistance should also improve. He also stressed that ODA should be implemented in line with the government’s diplomatic strategies.

News article – Newsis (in Korean)