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S. KOREA, ADB SEEK JOINT FINANCING ON REGIONAL DEVELOPMENT.

AsiaPulse News

| June 02, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, June 2 Asia Pulse - South Korea plans to seek US$3.5 billion worth of joint financing with the Asian Development Bank (ADB) over the next three years to provide loans aimed at boosting development in the Asian region, the government said Monday.

The Ministry of Strategy and Finance said it has signed a memorandum of understanding (MOU) with the ADB under which it will push for $500 million worth of joint ...

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