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The Ministry of Economy and Finance (MOEF) is responsible for the overall management of EDCF, including establishment of policy directions and selection of projects to be financed by the Fund.
The Ministry of Foreign Affairs (MOFA), as an official window for the EDCF, receives EDCF loan applications from recipient governments, and executes governmental arrangement for individual projects and agreements for defining a basic framework.
The Export-Import Bank of Korea, entrusted by the Korean governments, implements EDCF through various measures, including comprehensive appraisals and monitoring of EDCF projects, conclusion of loan agreements and their evaluations.
The operation and management of EDCF is deliberated by the Fund Management Council, which is composed of 13 members, most of whom are ministerial-level government officials. The Chairman of the Council is the Minister of Strategy and Finance.
fund management council(deliberation council) - other relevant ministries - the export-import bank of korea(excuting agency)
ministry of economy and finance - minitry of foreign affairs(official window)