The United Nations World Food Programme (WFP) welcomed a contribution of US$1.5 million from the Republic of Korea that will provide food assistance for some 30,000 vulnerable Syrian refugees in the Kurdistan Region of Iraq for two months.
Song Woong-Yeob (pictured), Ambassador of the Republic of Korea to Iraq, said:
“In the aftermath of conflict, the Republic of Korea was once a recipient of food assistance, including from WFP.
“We have now become donors and maintain a strong partnership with WFP in over 30 countries. We sincerely hope this contribution will provide much needed relief to Syrian refugees and their families in Iraq.”
This contribution will allow WFP to provide food assistance to Syrian families that have sought refuge in Iraq. Through electronic food cards that WFP provides to vulnerable people in Iraq, each family member will receive US$19 per month to purchase the food they prefer from local shops.
In addition to allowing for greater choice in their diets, this programme injects cash into the local economy, which benefits shops and producers with increased demand for their products.
Sally Haydock, WFP Representative in Iraq, said:
“Thanks to this generous and timely donation from the Republic of Korea, WFP will continue to address the underlying causes of vulnerability for Syrian refugees in Iraq, increase families’ self-reliance and reduce the need for international assistance in the future.”
Since 2014, the Republic of Korea has provided US$4.8 million in support of WFP food assistance for Syrian refugees in Iraq.
The Government of the Republic of Korea and the United Nations Development Programme (UNDP) signed a partnership agreement today for US$4 million to support stabilization and recovery in newly liberated areas in Iraq.
Korea’s contribution will be channeled through UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas retaken from ISIL. This is Korea’s fourth contribution since 2015 to FFS.
Based on priorities identified by the Government of Iraq and local authorities, FFS helps quickly repair public infrastructure, provides grants to small businesses, boosts the capacity of local government, and provides short-term employment through public works schemes.
During a signing ceremony held in Baghdad, UNDP Resident Representative for Iraq, Ms. Lise Grande, said:
“Stabilizing Mosul is the biggest stabilization challenge we have faced. There are 366 stabilization projects already underway in the city, but so much more needs to be done. This generous contribution from the Republic of Korea will help us accelerate our work in western Mosul. The level of destruction in this part of the city is the worst in the country.”
H.E. the Korean Ambassador to Iraq, Mr. Song Woong-Yeob, said,
“The Republic of Korea is deeply committed to supporting efforts of the Iraqi Government and the international community to stabilize areas affected by the violence of ISIL. I firmly believe that our fourth contribution will further help the efforts by imbuing affected Iraqis with hope and empowering them to recover and start the process of rebuilding their communities.”
UNDP’s Funding Facility is implementing over 1,200 initiatives in newly liberated areas of Anbar, Salah al-Din, Ninewah, and Diyala.
(Source: UNDP in Iraq)
UK-based Petrofac has been awarded a Front End Engineering Design (FEED) modification contract for the KOGAS AKKAS B.V. Nasiriya Gas Treatment Plant (GTP) in southern Iraq.
Petrofac’s scope of work includes the modification and application of an existing field design to meet the needs of the Nasiriya GTP, and an estimation for the engineering, procurement and construction (EPC) costs in line with the revised design requirements.
Steve Webber, Senior Vice President, Engineering & Production Services East, said:
“This award is testament to our engineering design capabilities, as well as our deep understanding of the market and supply chain in Iraq. KOGAS is a new client for us in a core market and we look forward to further developing our relationship through the successful delivery of this scope.
“Throughout the project, we will provide a robust FEED package for the execution of the Nasiriya GTP in alignment with KOGAS’ expectations, to ensure that it can maximise the total value of the field.”
By John Lee.
Iran’s Trade Promotion Organization (TPOI) has issued data showing that five countries — China, Iraq, UAE, South Korea and India — accounted for 68.7 percent of Iran’s total non-oil exports in the first five months of the current Iranian fiscal year (March 20-Aug. 22).
Its non-oil exports (including gas condensate) fell 5 percent in the period, to $17.193 billion.
China was the main importer of goods from Iran, accounting for 21.8 percent of the total, with Iraq taking 15.1 percent with $2.604 billion, followed by the UAE, South Korea, India, Afghanistan, Turkey, Pakistan, Thailand and Taiwan.
(Image credit: Tasnim, under Creative Commons licence)
KRG Prime Minister Nechirvan Barzani received Mr. Park Young-Kyu, the Consul General of Korea, and his accompanying delegation, in Erbil.
Mr. Park conveyed a letter from Mr. Moon Jae-In, President of the Republic of Korea, inviting stronger relations between Erbil and Seoul.
He expressed Korea’s readiness to cooperate with the Kurdistan Region on technology development and discussed the Korean International Cooperation Agency’s (KICA) capacity to help with electricity production and distribution.
He also expressed his government’s interest in helping to strengthen the public sector and said next month they will open a center to train public employees.
Prime Minister Barzani expressed his appreciation for President Moon’s letter and stressed the KRG’s desire also to strengthen bilateral relations between Erbil and Seoul.
Prime Minister Barzani said that the KRG will welcome Korean companies to invest in the Kurdistan Region and share their expertise, especially in the field of e-governance.
By John Lee.
South Korean electronics maker LG Electronics has reportedly opened its largest overseas brand shop in Iraq.
The two-floor shop covers 870 square meters in the main commercial district of Erbil.
Around 200 government and media officials attended an opening ceremony, according to a report from Nation Multimedia.
(Source: Nation Multimedia)
By John Lee.
South Korea’s Miru Systems has signed a $100-million deal to supply vote-counting machines to Iraq’s Independent High Electoral Commission (IHEC).
According to a report from Yonhap, Baghdad is reportedly considering using Miru’s vote-counting equipment and solutions in the September local elections for the first time, ahead of a parliamentary vote planned for next year.
By John Lee.
Prime Minister Haider Al-Abadi has received in his office the South Korea Minister of Land, Infrastructure and Transport, Kang Hoin, and his delegation, to discuss cooperation in transportation, training, energy and infrastructure.
Minister Hion expressed his eagerness to support Iraq in its post-Daesh development program, adding that because South Korea has the advanced technology and qualified personnel to provide support.
(Source: Office of the Prime Minister)
The largest cargoes ever to arrive in Iraq have been unloaded at Basra Multipurpose Terminal (BMT), in the port of Umm Qasr.
The four LPG Bullets with unit weights of 665 tons were carried on the MV Happy Star. They measure 65 meters in length and 12 meters in diameter, and will be used at the State Company for Oil Projects (SCOP)’s Karbala Refinery Project, currently being built by Korea’s HDGSK.
BMT describes itself as the largest multi-purpose facility in the country with direct access to major road networks and national rail links.
By John Lee.
South Korea’s Acting President and Prime Minister has asked for Iraq’s cooperation in bolstering economic cooperation.
During a meeting with Iraq’s Foreign Minister Ibrahim Al-Jaafari in Seoul on Monday, Hwang Kyo-ahn (pictured) said:
“The two countries have developed their cooperative ties based on a long history of cooperation and a mutually complementary economic structure … I ask for the Iraqi government’s interest and cooperation to ensure that economic cooperation continues to develop in the future.”
Speaking at the start of a four-day visit to South Korea, al-Jaafari said he hoped that more South Korean firms can make inroads into the Iraqi market.