The United Nations Korean Reconstruction Agency (UNKRA) was an economic reconstruction program created by the United Nations to bolster war devastated South Korea. The proposal for the program was drafted by the United States in 1950 after victory by United Nations forces appeared rapidly obtainable. On December 1, 1950, the General Assembly enacted the program. However, Chinese entrance into the Korean War by October 1950 had dispelled the expectation of promptly beginning a rebuilding program. After an armistice was agreed to in 1953, reconstruction began and focused on aiding war refugees and homeless. Nearly USD 150 million was contributed to the program, a majority of funds were paid by South Korea's primary benefactor, the United States, although even developing nations such as Mexico made contributions. The program closed in 1958 after no more funding was made available.
Famous quotes containing the words united, nations and/or agency:
“Vanessa wanted to be a ballerina. Dad had such hopes for her.... Corin was the academically brilliant one, and a fencer of Olympic standard. Everything was expected of them, and they fulfilled all expectations. But I was the one of whom nothing was expected. I remember a game the three of us played. Vanessa was the President of the United States, Corin was the British Prime Minister—and I was the royal dog.”
—Lynn Redgrave (b. 1943)
“Poor nations are hungry, and rich nations are proud; and pride and hunger will ever be at variance.”
—Jonathan Swift (1667–1745)
“It is possible that the telephone has been responsible for more business inefficiency than any other agency except laudanum.... In the old days when you wanted to get in touch with a man you wrote a note, sprinkled it with sand, and gave it to a man on horseback. It probably was delivered within half an hour, depending on how big a lunch the horse had had. But in these busy days of rush-rush-rush, it is sometimes a week before you can catch your man on the telephone.”
—Robert Benchley (1889–1945)