Seoul is seeking shortcuts to allow North Korea to receive funding and support from International Financial Institutions (IFIs), the South Korean finance minister said on Wednesday.

In a radio interview, Minister Kim Dong-yeon said he had shared his views on potential inter-Korean economic cooperation with heads of several IFIs in the aftermath of last month’s inter-Korean summit.

Kim, who also serves as Deputy Prime Minister, said President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti had called him and expressed a willingness to support DPRK-based projects in his interview with tbs FM’s radio show “Kim Eo Jun’s