IMO has received an additional US$2.0 million donation to its 'Delivering Strategy and Reform – Voyage Together' multi-donor trust fund (VTTF). The VTTF promotes the effective implementation of IMO's international conventions, IMO's global stature, capacity building of developing countries, shared growth of all Member States; and strategy development and reform initiatives to enhance the performance of the Secretariat.   

The Republic of Korea has made yearly donations to the VTTF since 2016 by virtue of a Memorandum of Understanding (MoU) between the Republic of Korea and IMO signed in September 2016 by the Minister of Oceans and Fisheries of the Republic of Korea and the Secretary-General of IMO.   

The donation was presented to Secretary-General Lim on 30 June by His Excellency Sang Keun Song, Vice-Minister, Ministry of Oceans and Fisheries of the Republic of Korea.