Business, Covid 19

South Korea provides $800,000 aid for fight against COVID-19

ISLAMABAD: The South Korean government will provide $800,000 assistance to Pakistan to help the country fight COVID-19.

South Korean Ambassador Kwak Sang Jyu recently informed Economic Affairs Division Secretary Noor Ahmed that the Korean grant in the shape of cash and equipment will be provided through the World Health Organisation (WHO) to support mitigation measures against COVID-19 in Pakistan.

The Korean International Cooperation Agency (KOICA), Korea Water Resources Corporation (K-Water) and KEN Company, K-Water is already operating the Patrind power plant near Muzaffarabad.

Ambassador Sang Kyu lauded Pakistan’s effort to contain the COVID-19 pandemic and steps taken to combat locust swarms. He handed over the official communication of the grant of $800,000 for Pakistan to fight against COVID-19.

Secretary Ahmed informed the ambassador about the steps being taken by the government to mitigate the adverse impact of COVID19. The Ambassador hoped that the grant assistance will be instrumental in effectively containing the spread of COVID-19 and providing relief to Pakistan healthcare sector.

He reiterated that under the Bilateral Framework Arrangements, the South Korean government will continue to support Pakistan in different sectors like health, information technology, energy (solar) and communication (roads). He renewed strong commitment of the government of Korea towards further strengthening and expanding bilateral economic cooperation.

Secretary Ahmed thanked the South Korean government for the continued support to Pakistan. He reiterated the resolve of the government of Pakistan to further solidify the economic cooperation between the two countries.

-MN Report

 

August 4, 2020

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