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Bilateral Relations

Embassy's Activities

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Rwanda and Korea sign the Economic Cooperation Development Fund(1 billion US dollar)

DATE
2024-07-08


On the July 5th, the Government of the Republic of Korea and the government of the Republic of Rwanda signed a 1 billion US dollar Economic Cooperation Development Fund(EDCF). Ambassador JEONG Woo Jin and Minister of Finance and Economic Planning Yusuf MURANGWA attended the signing ceremony. This new framework arrangement replaces the previous one which had the allocation of $500 million for the period of 2022-2026. This new five-year agreement will support the Rwandan projects including transportation, healthcare and education.


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