S. Korea increases Ukraine aid to US$394m for 2024 ...Middle East

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S. Korea increases Ukraine aid to US$394m for 2024
SEOUL: South Korea unveiled on Tuesday financial aid of ₩520 billion (US$394 million) for Ukraine next year, an eightfold increase from this year.The aid package includes ₩130 billion for reconstruction, ₩260 billion in humanitarian aid and another ₩130 billion through international organisations, according to South Korea’s 2024 budget.In July, President Yoon Suk-yeol announced his country would provide a “large scale of military supplies” this year without giving more details.On Tuesday, Yoon also announced an increase in South Korea’s Official Development Assistance for strategic areas, including the Asia-Pacific region and Africa, from ₩1.4 trillion to ₩2 trillion (US$1.51 billion).The in

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