World

S. Korea pledges more financial aid to increase Covid-19 jabs in Asean

President voices concerns of Delta variant hindering global recovery

Updated 4 years ago · Published on 26 Oct 2021 7:40PM

S. Korea pledges more financial aid to increase Covid-19 jabs in Asean
Eventually, solidarity and cooperation are the only way to overcome the Covid-19 crisis, according to South Korea’s President Moon Jae-in. – AFP pic, October 26, 2021 

SEOUL – South Korea will provide an additional US$5 million (RM20.74 million) to a regional fund to help Southeast Asian nations increase their Covid-19 vaccination rates, President Moon Jae-in said today.

Moon made the pledge as he attended South Korea’s annual group summit – held via video links – with leaders of Asean member states earlier in the day, Yonhap news agency reported.

During the summit, Moon voiced concerns that a global economic recovery is being hampered by the rapid spread of the highly contagious Delta variant.

“Eventually, solidarity and cooperation are the only way to overcome the Covid-19 crisis,” Moon told the summit.

South Korea has actively participated in the Covid-19 Asean Response Fund and the regional reserve of essential medical supplies.

Meanwhile, Moon asked Asean leaders to support efforts to swiftly resume talks between South Korea and North Korea, as well as between North Korea and the United States for the denuclearisation of the Korean peninsula.

Talks with North Korea have largely stalled since February 2019, when a summit between then US president Donald Trump and North Korean leader Kim Jong-un ended without a deal.

In a joint statement, Moon and Asean leaders reaffirmed efforts to deepen their ties under Seoul’s New Southern Policy, which aims to reduce South Korea’s economic reliance on China.

They also recognised “the socio-economic challenges posed by the Covid-19 pandemic to the region, and the need to undertake stronger regional cooperation to jointly address these challenges and establish a more resilient and sustainable future”, said the statement. – Bernama, October 26, 2021 

Related News

Business / 1mth

Malaysia must give investors clearer exits to unlock ASEAN capital

Opinion / 1mth

Merdeka: This is our Malaysia – and you will not take it from us

Malaysia / 1mth

Malaysia urges ASEAN to tighten action against haze

Malaysia / 1mth

Malaysia records 6% GDP growth in Q2 despite global headwinds, says Sim

Opinion / 1mth

ASEAN leads global shift in workplace AI adoption, with Malaysia poised for gains

Opinion / 2mth

Is the South China Sea moving from a ‘zone of peace’ towards the next conflict area?

Spotlight

Diary

Penang reaffirms commitment to preserve heritage sites across the state

By Ian McIntyre

Opinion

AI: A Godsend for those with dyslexia in education and careers

Malaysia

Malaysia prepares for aged nation status by 2036

Malaysia

Mentally disabled suspect remanded for 7 days over fatal hammer attack in Marang

Malaysia

Masidi urges Putrajaya to address Sabah doctor shortage in upcoming Budget 2027

Malaysia

Police rearrest motivational speaker as second woman files harassment report in Perlis

Malaysia

Anwar vows zero compromise on school safety after alleged murder of teen Irene Sofiya

Malaysia

Classmates arrested as police probe fatal assault of 16-year-old Irene Sofiya

Malaysia

Loneliness, social media drive elderly pensions into hands of cyber scammers

Malaysia

Another desperate attempt by Nadzaruddin and former Undangs

You may be interested

World

North Korea test-fires hypersonic intermediate-range missile overseen by Kim Jong Un

World

Flydubai co-pilot attempted terrorist attack with cockpit axe on Israel-bound flight

World

Ukraine deploys new FP-7 tactical ballistic missile in combat for first time

World

Houthis claim missile and drone strike on Aramco facility in Riyadh