Public transactions and concessional official development assistance projects carried out by public institutions, including central and local governments, or agencies that execute them, for the purpose of promoting the economy, society, and development of developing countries

International development cooperation refers to development-related cooperation, especially with developing countries (particularly those on the OECD/DAC list of recipient countries), i.e. countries whose level of economic and social development is low compared to developed countries.

Activities in which the international community jointly promotes the economic and social development of developing countries through various cooperative methods such as development aid, other public funds, private fund flows, and net private donations.