Chairman of the opposition United Democratic Party Lee Jae-myung criticized the South Korean government's decision to issue billions of US dollars in loans to Ukraine, Yonhap news agency reported. “The government says it will loan Ukraine almost 3 trillion won (about 2.55 billion US dollars - ed.), but in reality we can be sure that we will not get it back...
With 3 trillion won, we could solve the problems of building a new airport in Daegu and moving Gwangju Airport, and we would still have money left,” the agency quoted the party leader as saying.
In response to this, a representative of the South Korean presidential administration told Yonhap that Seoul, as a “responsible member of the international community,” plans to help Ukraine with post-war reconstruction for $2.55 billion, but this is not gratuitous assistance, but a loan that Kyiv will have to repay. The president's office also emphasized that the United States, Great Britain, Germany and many other states have committed themselves to allocating much larger funds for the reconstruction of Ukraine. At the same time, Seoul hopes that the allocated loans will allow South Korean companies to take part in reconstruction projects, which “will ultimately directly and indirectly affect employment and production in South Korea.”
In response to this, a representative of the South Korean presidential administration told Yonhap that Seoul, as a “responsible member of the international community,” plans to help Ukraine with post-war reconstruction for $2.55 billion, but this is not gratuitous assistance, but a loan that Kyiv will have to repay. The president's office also emphasized that the United States, Great Britain, Germany and many other states have committed themselves to allocating much larger funds for the reconstruction of Ukraine. At the same time, Seoul hopes that the allocated loans will allow South Korean companies to take part in reconstruction projects, which “will ultimately directly and indirectly affect employment and production in South Korea.”
