Libya & South Korea Discuss Cooperation


On Monday, the Head of the Libyan Audit Bureau, Khaled Shakshak met with the South Korean Ambassador to Libya, Lee Sang-Soo and the economic attache of the Embassy.

The two sides discussed ways of strengthing cooperation with Korean companies, and setting up the necessary mechanism and procedures.

Shakshak stressed the importance of bilateral cooperation and partnership in the development field.

In September, the United Nations Development Programme (UNDP) announced that South Korea has promised to increase its funding for the Libyan Korean Centre (LKC). It added that this will “help the facility develop into a one-of-a-kind advanced vocational training facility for occupations supporting economic recovery and reconstruction.”

With a recent contribution of US$400,000 the Republic of Korea has increased its assistance for the UNDP to US$6,599,000.

UNDP stated that it hopes to turn the LKC into a “technological innovation centre that focuses on green employment prospects with this new donation.”

UNDP Resident Representative, Marc-André Franche spoke at the signing event and said: “We are delighted to continue this partnership with the Republic of Korea in Libya to help create green job opportunities in the west, that will definitely contribute to peaceful coexistence in the region.”

“With this new support, we will be able to enhance the centre’s capacity to help people develop innovative ideas towards sustainable development,” Franche added.

Ambassador Sang-Soo reaffirmed the commitment of the Republic of Korea in its continuous support for Libya:

“Korea is always standing by the Libyan people in their efforts for peace, stability, and prosperity. We are pleased to continue the support and hope it will contribute to the recovery, rehabilitation, and capacity building of Libya. With this support, UNDP and LKC have jointly prepared an intensive work plan for the development of the centre.”