Korea s Development Cooperation Policy
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1 [Asian Approaches to Development Cooperation] Korea s Development Cooperation Policy Philosophy, Objectives, and Strategies April 2013 Enna Park Director-General for Development Cooperation Ministry of Foreign Affairs
2 Table of Contents 1 Philosophy and Objectives 2 Strategy 1 : Sharing Development Experience 3 Strategy 2 : Strengthening Global Partnership
3 1 Philosophy and Objectives
4 Historical Background ODA, million (US$) 3,000 About 12 billion ODA received (Current value 60 billions) 1,500 Busan HLF-4(11) 1, EDCF(87) KOICA(91) G20 Seoul Summit (10) DAC Member(10) 300 Korean War (53) Recipient Non-DAC Provider DAC Donor
5 ODA as a main pillar of foreign policy Contribution Diplomacy Pursuing Global Value Public Diplomacy Upgrading National Prestige Diplomacy with People Ensuring Public Support Development Cooperation Diplomacy for Developing Countries Strengthening Bilateral Partnership
6 Objectives of Korea s ODA Policy reduce poverty and improve the quality of life of people in developing nations support the development of developing nations and improve the system and conditions for such development promote friendly relations and mutual exchanges with developing nations contribute toward the resolution of global problems related to international development cooperation
7 Korea s ODA at a glance How much? Total $1.3 billion in 2011 (17 th out of the 23 DAC members ) - Small in volume but fast increase Implementation? MOFAT (KOICA), MOSF (EDCF) + 30 other organizations Key Partners? Asian and African countries (over 70%) Priority Sector? Economic and social infrastructure/capacity building Modality? A Mix of aid delivery instruments of grants and soft loans World Friends Korea (4,000 per year): The 2 nd Largest Volunteers (1 st in the volunteer/population ratio)
8 Key Challenges two main concerns the volume of ODA & the quality of ODA Scaling up ODA Enhancing Aid Effectiveness Improving Implementation System Strengthening Policy Coherence
9 2 Strategy 1 : Sharing Development Experience
10 Unprecedented Economic Growth Per Capita Income Korea
11 Korea s Development Experience
12 Documentation Intangible Experiences Workable Recommendations 8 Sectors for Documentation - Economy, Health, Human Resources, Administration and ICT, Agriculture and Fishery, Land Development, Industry and Energy, and Environment
13 Utilization DEEP Program : Development Experience Exchange Partnership Carried on since 1991 Creative reflection of Korea s past for effective development cooperation 86 advisory experts dispatched to 26 countries
14 Partnership UNDP Policy Center in Seoul OECD Knowledge Sharing Alliance World Bank Concluded an MOU to establish an office in Korea
15 Example : Food-for-New-Village with WFP Korea s New Village Movement Experience WFP s Food Aid Project Experience
16 3 Strategy 2 : Strengthening Global Partnership
17 KOICA s Partnership Concluded MOUs with development cooperation agencies in other countries - AusAID, GIZ, JICA, and USAID Triangular Cooperation - Korea-Chile Joint Training Program (129 trainees for ) - Korea-Peru Joint Project for Improving Crop Production Techniques in Algeria (USD 1.8 million for ) - Korea-Colombia Joint Project for promoting South-South cooperation between Colombia and Latin America on technical capabilities (USD 500 thousand in 2012)
18 Korea s Initiative: G20 Development Agenda Seoul Development Consensus for Shared Growth (Multi-Year Action Plan on Development) Introduced Development as a Key G20 Agenda Focus on Addressing Bottlenecks of Growth Developing countries as Vital Partners for Sustainable Development
19 Korea s Initiatives(2): Busan Partnership Busan Partnership for Effective Development Cooperation New Global Partnership for Development - Launched in June, 2012 From Aid to Development Effectiveness - Focus on sustainable development impact From OECD-led to OECD-UN Partnership
20 Korea s Contributions : Post-MDGs Process Post-2015 High Level Panel - Former Minister Kim Sung-hwan Contribution to UN-led consultation process - UNDP National Consultation Process Int l conference : Asian Perspectives on Post-2015 Development Agenda (June, 2012)
21 I envision a Republic of Korea that contributes not only to peace and prosperity on the Korean Peninsula, but also in Northeast Asia and the rest of the world. I believe it is now time for the Republic of Korea to reciprocate the help we received from the rest of the world. We will join hands with our aid partners to actively pursue the type of development cooperation that sets an example for others. Furthermore, we will be unstinting in our support and cooperation in addressing global challenges relating to human rights and climate change. - President Park Geun-hye, at the inauguration day dinner for foreign guests
22 Thank you
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