DN - Defence Notes

Seoul announces major defence boost in 2020-24 plans

15th August 2019 - 10:47 GMT | by Gordon Arthur in Hong Kong

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The South Korean Ministry of National Defense's (MND) latest Defense Mid-Term Plan covering the five-year period from 2020-24 foresees an ambitious increase in spending. 

The roadmap emphasises the application and leverage of technology to achieve all-round security, and will require challenging annual budget increases of 7.1% to ...

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