South Korea Increases Ukraine Aid To $394 Million For 2024

Korean President Yoon Suk Yeol (file photo)

South Korea has announced financial aid of 520 billion won ($394 million) for Ukraine next year, an eightfold increase on the amount pledged for 2023. The aid package, which was unveiled on August 29, includes 130 billion won for reconstruction, 260 billion in humanitarian aid, and another 130 billion won through international organizations, according to South Korea's 2024 budget. In July, President Yoon Suk Yeol announced that his country would provide a "large scale of military supplies" this year without giving more details. To read the original story by Reuters, click here.