South Korean President Yoon Suk Yeol held the South Korea-Africa Summit and the Korea-Pacific Islands Summit to strengthen economic cooperation with these regions. The Indo-Pacific Strategy to strengthen solidarity with Indo-Pacific countries was also announced in the first year of his administration.[1]
In 2023, when he visited Ukraine after the NATO Summit, the Framework Agreement on the External Economic Development Cooperation Fund was signed between the two countries. Additionally, an additional financial support package of $150 million was also announced.[2]