• Korean Embassy and AIM hold ODA forum today

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    The Embassy of the Republic of Korea and the Asian Institute of Management (AIM) will jointly hold a forum on overseas development aid (ODA) today. Entitled, “Korea as a partner of Asean: Furthering Cooperation for Enhanced Friendship and Common Prosperity through ODA” the forum’s venue will be at the InterContinental Manila in Makati City.

    The forum was conceptualized in view of the strong showing of the Philippine economy in the last two years and its role as chair of the Asia-Pacific Economic Cooperation in 2015, the same year as the realization of the Asean Economic Community.

    In spite of increasing economic opportunities in the region, development gaps among Asean member states remain and debates persist on whether actual progress has been made to address them. As an Asean partner, Korea recognizes the necessity for positive collective action and supports regional collaboration on cross-cutting issues that will help bridge these gaps.

    The conference hopes to strengthen relations between Korea and the Philippines based on a newly updated Country Partnership Strategy (2012 to 2016). It will also explore areas of cooperation between Korea and the Asean, with focus on the following themes: Aid for Trade, a post-2015 MDG (Millennium Development Goals) Development Agenda, and Climate Change Adaptation and Disaster Risk Reduction.

    The speakers form a diverse group—representatives from the Department of Foreign Affairs and the National Economic and Development Authority, the Asean Secretariat, as well as the UN Economic and Social Commission for Asia and the Pacific, the Asian Development Bank and AIM. The Korean contingent is composed of officials from the Ministry of Foreign Affairs and Trade and the Korean Embassy, as well as representatives from the Korea International Cooperation Agency, Korea EximBank and Korea Institute for International Economic Policy.

    Korean Ambassador Lee Hyuk will officially open the forum.

    For details, call Wanda Casten, senior economic researcher of the Embassy of the Republic of Korea at 856-9210 loc 860 or send an email via wcasten.ph@emb-korea.net.

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