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Korea proposes defence spending increases for 2020

South Korea’s Ministry of National Defense (MND) has proposed a 2020 defence budget of KRW50.4 trillion (USD43.0 billion), a year-on-year increase of 8%.
Contained in the proposal that was submitted to the country’s National Assembly defence committee on 3 July, military operations and …read more

Read more here:: Janes (Naval)

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