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In order to further strengthen the economic cooperation between two countries, the Government of Republic of Korea has agreed to provide concessional loans from the Economic Development Cooperation Fund (EDCF) of the Export Import Bank of Korea (KEximbank). Accordingly, the Government of Republic of Korea and Government of Sri Lanka have agreed to sign a new Framework Arrangement for the period of 2020-2022 to obtain loans through EDCF up to an aggregate commitment amount of USD 500 million to finance projects mutually agreed The loan interest rate on this concessional loan is about as low as...

Sri Lanka signs USD 500 Mn Concessional Loan with South Korea Sri Lanka signs USD 500 Mn Concessional Loan with South Korea Written by Share: COLOMBO (News 1st); The Government of the Republic of Korea has agreed to provide concessional loans from the Economic Development Cooperation Fund (EDCF) of the Export-Import Bank of Korea (KEximbank). Accordingly, the Government of the Republic of Korea and the Government of Sri Lanka have agreed to sign a new Framework Arrangement for the period of 2020-2022 to obtain loans through EDCF up to an aggregate commitment amount of USD 500 million to fi...

USD 500 Million Concessional Financing from Republic of Korea May, 10, 2021 In order to further strengthen the economic cooperation between two countries, the Government of Republic of Korea has agreed to provide concessional loans from the Economic Development Cooperation Fund (EDCF) of the Export Import Bank of Korea (KEximbank). Accordingly, the Government of Republic of Korea and Government of Sri Lanka have agreed to sign a new Framework Arrangement for the period of 2020-2022 to obtain loans through EDCF up to an aggregate commitment amount of USD 500 million to finance projects mutuall...

Pakistan, Korea and UNHCR to Provide 600,000 Face Masks to Afghan Refugees The Government of the Islamic Republic of Pakistan and the Government of the Republic of Korea, and the United Nations High Commissioner for Refugees (UNHCR), signed an Acknowledgment Certificate for the provision of six hundred thousand (600,000) medical masks today. These marks will be provided to the Government of Pakistan as a donation from the Korean side for distribution among Afghan refugees and host communities across Pakistan, particularly those in direct contact with persons testing positive for COVID-19, inc...