SITUATION REPORT

South Korea, Philippines: Seoul Pledges Infrastructure Aid as Countries Upgrade Ties

Oct 7, 2024 | 16:47 GMT

South Korea and the Philippines upgraded ties to a strategic partnership, with Seoul pledging $1.9 billion in low-interest loans for infrastructure projects in the Philippines, including a ring road in the capital and an eight-mile (13-kilometer) bridge in the central region, the South China Morning Post reported on Oct. 7....

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