South Korea Allocates $100M for Ukraine in 2027 Draft Budget as Foreign Ministers Meet to Mend Ties
The proposal would triple Seoul’s contribution from this year and expand humanitarian support as officials weigh reconstruction opportunities for South Korean businesses.
8 Articles
8 Articles
The South Korean government has earmarked $100 million in aid for Ukraine in its draft 2027 state budget. Seoul is significantly increasing the funds allocated for aid despite the recent diplomatic tensions between the two countries over the North Korean prisoner of war case, The JoongAng reported.
Funds are included in the draft budget for 2027.
South Korea has provided $100 million in assistance to Ukraine in the draft state budget for 2027. This decision is made against the background of a diplomatic conflict between the countries, but at the same time Kiev and Seoul are already talking about steps to restore relations.
The government of South Korea requested the inclusion of $100 million in aid to Ukraine in the draft budget for 2027, and the foreign ministers of the two countries held talks on normalizing relations.
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