Seoul – Ethiopia and South Korea have inked a financing framework agreement worth 1 billion US dollars, announced during Prime Minister Abiy Ahmed’s official visit to Seoul. The agreement was signed by Prime Minister Abiy and South Korean President Yoon Suk Yeol.
According to Ethiopian News Agency, this financial framework will support various projects in Ethiopia over the next four years. The signing took place after bilateral discussions between the two leaders, further highlighting the strengthening ties between Ethiopia and South Korea.