South Korea will invest $2.1 billion to boost defense exports, which did not meet a government target in 2024 and could be adversely impacted by the country’s political turmoil.
Credit: ZUMA Press, Inc. / Alamy Stock Photo
South Korea plans to invest 3 trillion won ($2.1 billion) to boost defense exports, which underperformed in a 2024 government forecast and must rise significantly for the country to reach its goal of becoming the world’s No. 4 arms exporter in 2027. Seoul sought to export $20 billion in arms last...
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