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Korea’s development assistance to Ghana surpasses $400 Million, pledges further cooperation

Accra, Oct. 4, GNA – The Republic of Korea has reaffirmed its unwavering commitment to supporting Ghana’s development agenda, with its financial assistance to the West African nation now exceeding $400 million.

The significant investment, spanning multiple sectors, underscores Korea’s dedication to deepening its cooperation with Ghana, fostering economic growth, and enhancing bilateral ties between the two countries.

Relations between Ghana and Korea date back over four decades with fruitful cooperation in various fields, including political, economic, and cultural since the establishment of diplomatic relations in November 1977.

Korea remains one of Ghana’s most important partners in trade and investment cooperation with long-standing friendship.

Mr Park Kyongsig, Ambassador of the Republic of Korea to Ghana, said with the many development agencies in Ghana, including Korean International Cooperation Agency (KOICA), Korean Foundation for International Healthcare (KOFIH), Korea Programme for International Cooperation in Agricultural Technology (KOPIA) and Korea EXIM Bank, it was proof of Korea’s willingness to work with Ghana to achieve its prosperity.

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