South Korea signs $130M financial package for Ukraine

South Korea has agreed to offer $130 million in monetary help to Ukraine, days after the nation’s first woman visited the nation because it continues to battle Russian forces inside its borders. 

South Korea’s finance ministry stated Minister Choo Kyung-ho and Ukrainian Financial system Minister Yulia Svyrydenko signed the settlement on the bundle, which can encompass donations and help loans, throughout a convention in Seoul, Reuters reported. 

South Korea famous that it was not offering deadly weapons to Ukraine, citing its relations with Russia. 

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South Korean Deputy Prime Minister and Minister of Financial system and Finance Choo Kyung-ho speaks throughout an interview with Reuters in Incheon, South Korea, Could 3, 2023. South Korea and Ukraine have agreed on a $130 million monetary bundle to the struggle torn nation.  (REUTERS/Kim Hong-Ji)

Ukraine has sought military and monetary help from quite a lot of nations as its forces proceed to battle the Russian navy amid drone, rocket and surface-to-air missile assaults.

The Biden administration supplied Ukraine with almost $40 billion in navy help since Russia invaded its neighbor in February 2022. 

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The newest bundle is meant to be spent over the approaching months and even years to make sure Ukraine’s future safety wants.