Ukraine receives $100 million from South Korea

South Korea donates $100 million to Ukraine
South Korean President Yun Seok-yeol. Photo: LvivNEWS

Ukraine has received $100 million from South Korea. These funds will be used to support the social sector.

This was announced by the Prime Minister of Ukraine Denys Shmyhal on Friday, November 29.

South Korea provided financial assistance

South Korea has provided Ukraine with $100 million. Also, according to Shmyhal, this year the two governments signed an agreement that allows them to attract up to $2.1 billion.

"This is the first budgetary assistance from our Korean partners that will be aimed at supporting the social sector," Shmyhal said in a statement.

The head of the Ukrainian government also thanked the Republic of Korea for supporting Ukraine during the full-scale war.

Шмигаль
Denys Shmyhal's post. Photo: screenshot

Earlier, we reported that Ukraine wanted to buy weapons from South Korea. Defense Minister Rustem Umerov visited the country with this issue, but Ukraine was refused.

South Koreans are against direct arms supplies to Ukraine. Seoul has emphasized that it is ready to consider this possibility depending on the future steps of Russia and North Korea.

фінансова допомога money Ukraine Південна Корея war in Ukraine