Breaking News
Investing Pro 0
Last Call for Cyber Monday! Save Now on Claim 60% OFF

South Korea's Yoon pledges more military supplies, aid to Ukraine

Published Jul 15, 2023 09:06AM ET Updated Jul 16, 2023 04:36AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
4/4 © Reuters. Ukraine's President Volodymyr Zelenskiy and South Korean President Yoon Suk Yeol shake hands after a joint statement, amid Russia's attack on Ukraine, in Kyiv, Ukraine July 15, 2023. REUTERS/Valentyn Ogirenko 2/4

By Joyce Lee and Olena Harmash

SEOUL/KYIV (Reuters) -South Korean President Yoon Suk Yeol said on Saturday his country will provide a bigger batch of military supplies and humanitarian aid to Ukraine during a visit to Kyiv for a meeting with President Volodymyr Zelenskiy.

The surprise trip came after Yoon attended a NATO alliance summit in Lithuania and visited Poland this week, where he expressed solidarity with Ukraine against Russia's invasion.

South Korea is a U.S. ally and the world's ninth biggest arms exporter, according to the Stockholm International Peace Research Institute (SIPRI) think tank. But it is also wary of Russia's influence over North Korea and has been resisting Western pressure to help arm Ukraine directly.

In a press conference, Yoon said South Korea plans to provide "a larger scale of military supplies" to Ukraine this year, following last year's provision of non-lethal supplies such as body armour and helmets. He did not give more details.

Yoon said South Korea also plans to provide Ukraine with $150 million in humanitarian aid this year, following about $100 million in 2022.

It would also cooperate with Kyiv in projects such as infrastructure construction, which can be backed by concessionary loans from South Korea, he said.

"We are discussing everything that is important for the normal and safe life of people," Zelenskiy said, thanking Yoon for "powerful" support.

ZELENSKIY'S APPROVAL

Yoon's office said he also visited Bucha and Irpin, small towns near the capital where Russian soldiers are accused of war crimes against civilians. Moscow denies that.

Yoon said this week his administration was preparing to send demining equipment and ambulances, following a request from Ukraine, and will join NATO's aid fund for Ukraine.

Yoon's visit is significant because few other Asian leaders have visited Ukraine, said Ramon Pacheco Pardo, the Korea chair at the Brussels School of Governance research organisation.

How much of a policy shift towards providing more support for Ukraine remains to be seen, he added, but the trip shows Kyiv's approval for aid sent so far.

"If he’s going it's because Zelenskiy allowed him to go, because he feels Korea is doing enough to warrant it," Pacheco Pardo said, adding that it also suggested South Korea may be offering more support behind the scenes.

Zelenskiy asked Yoon to boost military support when they first met in May. Yoon said on Saturday South Korea has delivered safety equipment and humanitarian aid that Ukraine needs, since May, including mine detectors.

South Korea's defence ministry has said it was discussing exporting ammunition to the U.S., but said parts of a media report that Seoul had agreed to send artillery rounds to the U.S. for delivery to Ukraine were inaccurate.

In 2022, South Korea's arms sales jumped to more than $17 billion from $7.25 billion the year before, including a $13.7 billion arms deal with Poland - Seoul's biggest ever - supplying rocket launchers and fighter jets.

South Korean companies and entities in Ukraine and in other countries signed agreements on Friday to help with reconstruction, Seoul's Ministry of Land, Infrastructure and Transport said in a statement.

South Korea's Yoon pledges more military supplies, aid to Ukraine
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Vladimir Bo
Vladimir Bo Jul 16, 2023 6:07AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Thank you South Korea!
Brad Albright
Brad Albright Jul 16, 2023 6:07AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Slava Ukrainie!
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email