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Experts Suggest Idea of Using S. Korea’s 105 mm Rounds to Support Ukraine

Experts Suggest Idea of Using S. Korea’s 105 mm Rounds to Support Ukraine

WASHINGTON, Mar. 25 (Korea Bizwire) — U.S. think tank experts floated the idea Monday of the United States tapping into South Korea’s 105 millimeter munitions stockpile to support Ukraine’s fight against Russia, as Kyiv urgently needs artillery ammunition supplies in the ongoing war of attrition. Mark Cancian, a senior adviser at the Center for Strategic [...]

S. Korea Joins Multi-agency Donor Coordination Platform for Ukraine

S. Korea Joins Multi-agency Donor Coordination Platform for Ukraine

SEOUL, Feb. 15 (Korea Bizwire) — South Korea has joined a multinational donor group that coordinates financial assistance and reconstruction plans for Ukraine, the presidential office said Thursday. The Multi-agency Donor Coordination Platform for Ukraine (MDCP) was established last year, led by the Group of Seven (G7) nations and involving other donor countries, the European [...]

S. Korea Indirectly Supplied More 155-mm Shells for Ukraine Than All European Countries Combined: WP

S. Korea Indirectly Supplied More 155-mm Shells for Ukraine Than All European Countries Combined: WP

WASHINGTON, Dec. 4 (Korea Bizwire) — South Korea’s “indirect” provision of 155-mm artillery shells for Ukraine this year has made it a larger supplier of ammunition for the war-ravaged country than all European countries combined, The Washington Post (WP) reported Monday. In an article on Russia’s protracted war against Ukraine, the U.S. daily explained Washington’s [...]

POSCO International Expands into Ukraine’s Postwar Reconstruction with Modular Plant

POSCO International Expands into Ukraine’s Postwar Reconstruction with Modular Plant

SEOUL, Nov. 16 (Korea Bizwire) – POSCO International is venturing into Ukraine’s postwar reconstruction, commencing with the establishment of a modular plant.  The announcement came on Wednesday when CEO Jeong Tak signed a Memorandum of Understanding (MOU) with Governor Vitalii Kim of the Mykolaiv region for the construction of a modular building production facility. Modular construction [...]

SPEE3D Printers to Aid in Ukraine’s War Efforts

SPEE3D Printers to Aid in Ukraine’s War Efforts

SPEE3D supplies 3D printers and training for Ukrainian soldiers and engineers to manufacture and repair military equipment in theatre Melbourne, Australia, Nov. 06 (Korea Bizwire) —  SPEE3D, a leading metal additive manufacturing company, announced that it is working with the Australian Government to deploy 3D printers and equipment training to support Ukraine in its ongoing [...]

S. Korea Earmarks 520 bln Won for Ukraine Support Budget for 2024

S. Korea Earmarks 520 bln Won for Ukraine Support Budget for 2024

SEOUL, Aug. 29 (Korea Bizwire) — South Korea has tentatively allocated 520 billion won (US$393 million) in the state budget to be used in various support programs for Ukraine, including reconstruction-related projects, next year, according to the government’s budget proposal released Tuesday. Seoul’s funds earmarked for Ukraine-related projects for 2024 represents an over eightfold increase [...]

S. Korea to Participate in Working Group for Ukraine Peace Formula

S. Korea to Participate in Working Group for Ukraine Peace Formula

SEOUL, Aug. 9 (Korea Bizwire) – South Korea will participate in a working group tasked with implementing a peace plan proposed by Ukrainian President Volodymyr Zelenskyy, a presidential official said Wednesday. The decision came while National Security Adviser Cho Tae-yong was visiting Saudi Arabia last weekend to take part in multinational peace talks concerning Ukraine. [...]