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South Korea's president, Yoon Suk Yeol, has announced he wants his country to become one of the world's top four weapons suppliers and make South Korea what he called a 'defence powerhouse'.Summary
This article by Brad Lendon and Gawon Bae, writing for CNN, makes the following points:
- The world's top four defence exporters are the United States, Russia, France and Italy. In 2021, South Korea was ranked 10th.
- South Korea has already taken steps to achieve its top four ambitions. It has signed its biggest-ever arms deal to supply Poland with tanks, artillery and fighter jets.
- Yoon is essentially building on initiatives started under his predecessor, Moon Jae-in, whom Yoon succeeded in May.
- Analysts say the investments begun by Moon are paying off.
References
Recent Runway Posts related to this topic:
References from the Web:
- JUL 2022 Massive arms deals highlight South Korea’s growing defense industry—Japan Times
- AUG 2022 South Korean leader: Seoul won’t seek own nuclear deterrent—AP News
- AUG 2022 Yoon’s Strong Start in Foreign Policy—Foreign Policy
- AUG 2022 How South Korea is ramping up its weapons exports—DW
Source Information:
- Article Source: CNN
- Media Check: CNN - Media Bias Fact Check (mediabiasfactcheck.com)
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