South Korea Increases Defense Supplies: President Yoon Targets Becoming Top Supplier
South Korea’s President, Yoon Suk Yeol has completed his 100 days in office. During this time he has expressed his plans to make Korea one of the world’s top four weapons suppliers. He increased South Korea's defence budget, wishing to join the top exporters league along with the US, Russia and France. South Korea increases its defence supplies, leading to strategic industrialization making it a defensive powerhouse. South Korea’s global status as a military supplier In 2021, South Korea ranked 10th in the world in arms transfers according to the SIPRI. The value of arms export in South Korea is valued at $566 million. South Korea has already taken steps to achieve its top four ambitions by signing its biggest-arms deal with Poland. The deal was made with almost 1,000 K2 tanks, 600 ...
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