Republic of Korea continues financial support for IMO's technical co-operation agenda
The Republic of Korea has continued its long-term support for IMO's technical co-operation activities with another generous financial donation
On Tuesday, 24 November 2009, Mr Choi Jang Hyun, Vice-Minister of Land, Transport and Maritime Affairs, handed over a cheque for more than US$650,000 to IMO Secretary-General Efthimios E. Mitropoulos, comprising US$50,000 from the Korean Shipowners' Association, US$100,000 from the Korean Register of Shipping and US$508,683 from the Government of the Republic of Korea.
The donation was made in the context of an existing Memorandum of Understanding (MoU) between the Republic of Korea and IMO for the purpose of helping developing countries improve their ability to comply with international rules and standards relating to maritime safety, maritime security and prevention and control of marine pollution.
Under the terms of the MoU, the Republic of Korea undertakes to make financial contributions to IMO's Integrated Technical Co-operation Programme (ITCP) annually, for the purpose of implementing a range of technical assistance activities, such as supporting individuals from developing countries to attend the World Maritime University and for any other activities agreed between the two parties to the MoU.
In making this year's donation, Mr Choi expressed the wish that the resources be used, in particular, for projects relevant to the theme selected for next year's World Maritime Day, namely "2010: Year of the Seafarer".
In addition to the cash donation, the Republic of Korea pledged to continue its in‑kind support for the Organization through the provision of an Associate Professional Officer to the Secretariat, valued at some US$150,000 - US$200,000 annually.
Welcoming the donation, Secretary-General Mitropoulos said "The entire Organization is grateful to the Republic of Korea for its continued generosity which, along with that of all the other kind donors, enables IMO to provide such valuable services to the developing countries. The Republic of Korea has a history of supporting our technical co-operation efforts, which I hope will continue long into the future."
Speaking at the 26th session of the IMO Assembly (currently underway at the Organization's London headquarters), Mr Choi said that, despite the current economic downturn, his Government would try to expand the extent of its co-operation with IMO as far as circumstances allowed.
IMO - the International Maritime Organization - is the United Nations specialized agency with responsibility for the safety and security of shipping and the prevention of marine pollution by ships.
Briefing 37, 26 November 2009
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