BRUSSELS/SEOUL, Jun. 28 (Korea Bizwire) — South Korea’s potential arms support for Ukraine should not be viewed on the same footing as North Korea’s suspected delivery of munitions to Russia, given the illegal nature of Russia’s invasion, the chief of the North Atlantic Treaty Organization (NATO) has said. NATO Secretary General Jens Stoltenberg also said [...]
SEOUL, Jun. 18 (Korea Bizwire) — Rhee Keun, a South Korean volunteer fighter for Ukraine, was sentenced on Tuesday to a suspended jail term on charges of illegally entering Ukraine, defying a state travel ban to the war-stricken country. The Navy SEAL-turned-YouTuber entered Ukraine to join the Russia-Ukraine war as a volunteer fighter in March [...]
SEJONG, Jun. 14 (Korea Bizwire) – The Korea Overseas Infrastructure and Urban Development Corporation (KIND) announced on June 13 that it has signed a Memorandum of Understanding (MOU) with the Polish Export Credit Agency (KUKE) to cooperate on Ukraine’s reconstruction efforts. The agreement, signed in Berlin, Germany, on June 11, will enable South Korean companies with [...]
SEOUL, Apr. 18 (Korea Bizwire) — South Korea will administer US$200 million in humanitarian assistance for Ukraine this year as part of its pledged aid package worth $2.3 billion for its recovery efforts following its war with Russia, Seoul’s finance minister has said. Finance Minister Choi Sang-mok presented the plan during the Ukraine roundtable held [...]
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 [...]
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 [...]
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 [...]
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 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 [...]
NEW YORK/SEOUL, Sept. 20 (Korea Bizwire) — President Yoon Suk Yeol met with U.N. Secretary-General Antonio Guterres on Tuesday (local time) and expressed his wish to continue working with the global body to deter North Korea’s provocations and improve its human rights conditions, his office said. The two met on the sidelines of the U.N. [...]