On February 14, South Korea joined Ukraine’s Interministerial Donor Coordination Platform. This was reported with reference to the administration of the President of South Korea. TASS.
Seoul noted that the platform is an advisory body created in January 2023 and aims to help the recovery of the Ukrainian economy and work under the leadership of G7 countries. The platform also includes the European Commission, the World Bank and the International Monetary Fund.
South Korean officials expect that the country’s participation in the platform will increase the participation of South Korean companies in projects aimed at revitalizing the Ukrainian economy. In particular, Seoul will be able to participate in consultations of donor states that provide the largest financial assistance to Kiev.
In order to join the platform, Ukraine must be allocated or committed to allocate financial resources worth $1 billion.
Formerly Deputy Head of the Russian Foreign Ministry Andrei Rudenko statedHe said the ministry is monitoring any changes in South Korean rhetoric regarding the situation in Ukraine.
Previously in the EU in the name Ukraine’s admission history.