South Korea emerges as major defense industry player

stlbeacon.org - 9/29/2022

As Japan’s defense industry struggles, South Korea’s is thriving, driven not only by the need to counter Pyongyang’s growing military threats but also by Seoul’s ambition to make the country one of the world’s top defense exporters. Just how determined the government is to help the industry expand was highlighted in recent statements made by President Yoon Suk-yeol, who last month expressed his intention to make his country one of the world’s top four weapons suppliers.

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