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About IKCF

The Inter-Korean Cooperation Fund (IKCF) was established in 1990 under the Inter-Korean Cooperation Fund Act to promote mutual understanding and socio-economic interactions between South and North Korea.

Building on the progress developed from the recent Inter-Korean summits of 2018 and 2019, IKCF, under the governing from Ministry of Unification, continues to support the government’s ceaseless efforts in maintaining cooper­ative mood between the two Koreas.

Concerted effort between IKCF and the government will help to create harmony on the Korean Penin­sula and to create a peaceful atmosphere ready for reunification.

Specifically, IKCF conducts various operations and helps to implement projects under the guidance from the government.

IKCF provides loans and grants to South Korean companies & institutions that are willing to trade with North Korean counterparts or to conduct busi­ness within North Korean territory.