The launching ceremony of the “Development Alliance Korea,” the first cooperative network between the ROK government and various private partners in the field of overseas grant aid, took place at the Foreign Ministry on August 13.


During the ceremony, representatives from eight organizations -- the Korea NGO Council for Overseas Cooperation, the Federation of Korean Industries, the Korean Council for University Education, the Korea Association of International Development and Cooperation, the Global Compact Network Korea, the UN Academic Impact Korea, the Foreign Ministry and the Korea International Cooperation Agency – signed the declaration of the establishment of the Alliance.

The ceremony was attended by many eminent figures, including UN Secretary-General Ban Ki-moon, Chairman Ahn Hong-joon of the National Assembly's Foreign Affairs, Trade, and Unification Committee, and Co-chairs of the UN-MDGs Forum Lee Ju-young and Lee Nak-yun, who delivered addresses congratulating the launch of the Development Alliance Korea.


The Alliance is designed as part of an effort to implement at home the commitments of the “Busan Global Partnership,” which was launched in June this year as a follow-up measure to the 4th High Level Forum on Aid Effectiveness held in Busan in November 2011. The Global Partnership is a governance regime where international organizations, civil societies and parliaments take part in the development cooperation process as equal partners.

The launching of the “Development Alliance Korea” is expected to further solidify the wide, overarching cooperative network between the government and the private sector in the field of international development cooperation. It is also expected to contribute effectively to eradicating poverty in developing countries by establishing public-private networks, expanding information exchanges and facilitating joint projects between the two players.