Korea Exim Bank Pledges US$ 50,000 for Cyclone Relief 📈

The Export–Import Bank of Korea (Korea Exim) has committed US$ 50,000 in humanitarian assistance to Sri Lanka to support recovery efforts following Cyclone Ditwah. • Aid Overview The funds were pledged following a request by President Anura Kumara Dissanayake and will be channeled through the Korea Red Cross. The assistance targets immediate relief and the restoration of essential public facilities and infrastructure. • Impact & Scale The cyclone has affected over 1 million people across the island. Relief is specifically aimed at families currently in temporary accommodation and those suffering from widespread devastation to livelihoods. • Bilateral Context This pledge brings the total humanitarian assistance from the Republic of Korea to US$ 550,000 for this crisis. Korea Exim Bank Chairman Kiyeon Hwang emphasized the move as a mark of solidarity and a reflection of the long-standing partnership between the two nations. • Regional Focus Based on provisional data, the broader Korean aid package (including WFP contributions) supports heavily impacted districts such as Nuwara Eliya, Badulla, Kurunegala, and Trincomalee.