Korea, PH mark 30-year development ties

 The Philippine and Korean governments marked 30 years of development partnership on Thursday, with Seoul's official development assistance (ODA) to Manila reaching USD2.1 billion to date.

From USD7.24 million in 1991, Korea's annual contributions have increased to around USD127.75 million in 2021.

"Over the last 30 years, our cooperation has continued to evolve both qualitatively and quantitatively and currently Korea is the second-largest development partner country for the Philippines," Korean Ambassador to the Philippines Kim Inchul said in a virtual forum to celebrate the milestone.

The partnership is currently focused on four priority targets-- the access to basic health services, agriculture and rural community development, transportation infrastructure, and disaster risk reduction.

See more at: https://www.pna.gov.ph/articles/1160956