During President Duterte’s visit to Korea last June, he and Korean President Moon Jae-in declared 2019 the 70th anniversary of the establishment of Philippines-Korea diplomatic relations a year of mutual exchange. As part of the exchange of high-level officials between the two countries, Ms. Lee Mi-kyung, president of the Korea International Cooperation Agency (KOICA), is visiting the Philippines from Feb. 26 to March 2.
During President Duterte’s visit to Korea last June, he and Korean President Moon Jae-in declared 2019 the 70th anniversary of the establishment of Philippines-Korea diplomatic relations as a year of mutual exchange.As part of the exchange of high-level officials between the two countries, Ms. Lee Mi-kyung, president of the Korea International Cooperation Agency (KOICA), is visiting the Philippines from Feb. 26 to March 2.
KOICA has provided more than $250 million in grant aid to the Philippines, greatly contributing to the development of Filipino lives since 1991. The country now stands as the third largest recipient of Korean grants. KOICA has annually provided more than $20 million to the Philippines. For example, the Pasa Small River Irrigation Project Korea’s largest grant aid to the Philippines at $21.76 million which was inaugurated last June would help to uplift the lives of farmers. Isabela Governor Faustino Dy III mentioned that Isabela was hardly damaged by typhoon Ompong last September thanks to this dam.
President Lee, during her visit, will reaffirm Korea’s commitment to strengthen development of the Philippines. Yesterday, she met with Finance Secretary Carlos Dominguez and Foreign Affairs Undersecretary Enrique Manalo. They exchanged views on how to promote bilateral cooperation on official development assistance. President Lee will then attend the signing ceremony of the Agreement with the Food and Agriculture Organization for the project called Support for the Agriculture and Agribusiness Enterprises in Mindanao for Sustainable Development. The project aims to achieve sustainable development through consultations and construction of necessary facilities.
See full article at Philstar