Ethiopia, South Korea Sign 1 Billion USD Financing Framework Agreement

Addis Ababa, June 2, 2024 (FBC) – Prime Minister Abiy Ahmed and South Korean President Yoon Suk Yeol have signed a 1 billion US dollars financing framework agreement today.

The financing framework agreement targets projects to be implemented over the next four years, according to the Office of the Prime Minister.

Ethiopia and South Korea with their respective delegations also held bilateral discussions and signed an MOU between Ethiopia’s Federal Ethics and Anti-Corruption Commission and the Anti-Corruption and Civil Rights Commission of the Republic of Korea.

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