🌏 Korea and the WorldBank will expand development finance and digital cooperation in response to future challenges 👇 Details in the thread

#2. Providing focused support for digital technology adoption to overcome the middle-income trap and drive innovation Welcoming the WB's new Digital Vice Presidency, DPM Choi proposed sharing Korea’s advanced digital technologies and experiences with developing nations in

#3. Strengthening resource mobilization through the 21st replenishment of the IDA - World Bank DPM Choi called for member states’ collaborative efforts for the successful hosting of the final #IDA21 replenishment meeting to be held in Korea in December 2025.

🇰🇷Korea is pledging KRW 846 billion to #IDA21, an increase of 45%. At #G20Brazil, @President_KR Yoon Suk Yeol announced the country's support for "the vital role of IDA in assisting low-income countries to achieve sustainable development." wrld.bg/fm1650U9AsT #IDAWorks

The IMF team, led by Korea Mission Chief Mr. Rahul Anand completed the 2024 Article IV Consultation with Korea on November 19, projecting this year's economic growth at 2.2% and 2% in 2025. Very much appreciated for the IMF team’s hard work and insightful policy recommendations.

On November 27, Deputy Prime Minister Choi Sang-mok attended a signing ceremony among relevant organizations for the construction of infrastructure to ensure smooth supply of power and water to the Yongin Semiconductor Cluster.

On November 27, Deputy Prime Minister Choi Sang-mok visited a local artificial intelligence (AI) chipmaking startup Rebellions to tour its AI chip design and development facilities and listen to voices of industry insiders.

Had a productive video meeting with U.S. Treasury Secretary Janet L. Yellen(Secretary Janet Yellen (Archived))! I explained South Korea’s stable governance and robust economic system, and we reaffirmed the solid economic partnership between our two nations. Hope to further strengthen our relations.

On December 11, Deputy Prime Minister Choi Sang-mok visited the Hanwha Ocean R&D Campus in Siheung to visit the shipbuilding industry research and development facilities, and listen to on-site opinions.

Korea's largest hydrogen fuel cell power plant in Gyeongju Gangdong has been selected as 4th project of the Regional Revitalization Investment Fund. More: english.moef.go.kr/gn/selectTbGra…

We are appalled by the criminal act of violence against innocent civilians that took place in New Orleans. Our hearts and prayers go to the victims and their families. The Korean people stand in solidarity with the people of the U.S.

Great meeting with US Ambassador, Philip Goldberg, and Commander of US Forces Korea, Xavier Brunson! We had productive talks on the KORUS alliance & the incoming US administration. Looking forward to deepening our over 70yr alliance & building on its successes going forward.

Today, I met with US Secretary of State Antony Blinken, and we agreed that the KORUS alliance and trilateral cooperation with Japan are more vital than ever. Looking forward to further progress on our alliance and partnership.

Congratulations to Donald J. Trump JD Vance, certified winners of the 2024 U.S. Presidential Election by the U.S. Congress. The Republic of Korea stands ready to work closely with you to further deepen and advance the ROK-U.S. Alliance.

Our thoughts and prayers are with all the people affected by the wildfires in Southern California. The government of the Republic of Korea stands ready to assist and support the American people. We sincerely hope for the swift rescue and recovery.

President Donald J. Trump and Vice President JD Vance, congratulations on your inauguration! The Republic of Korea looks forward to Making the Alliance Great Again in the 47th presidency, as we have during the 45th.

We are deeply saddened by the tragic accident in Washington D.C. We are all the more devastated by overseas Koreans reportedly being among the victims. Our thoughts and prayers are with all those affected. We will work closely with the U.S. to overcome this tragedy.

Fitch affirms Korea’s rating at ‘AA-‘ with Stable Outlook despite political uncertainties, showing confidence in the economy. Korea is working to uphold external credibility through high-level consultation with global credit rating agencies and a government-wide response meeting.

Our hearts go out to all those who have been affected by recent tornadoes and storms in the United States. The Republic of Korea stands in solidarity as America's closest friend and ally.