Seoul commits to 2020–24 defence spending boost

South Korea’s Ministry of National Defense (MND) has released details about its defence spending plans between 2020 and 2024. Its mid-term defence plan – announced on 14 August – outlines a proposal to spend KRW290.5 trillion (USD238.8 billion) on defence over the next five years. …read more

Read more here:: Janes (Naval)

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