South Korea Aims to Become Top 5 Global Exporter, Boosts Arms Sales
South Korea's Prime Minister has reaffirmed the nation's ambition to become one of the top five global exporters, with a particular focus on increasing arms sales. This push comes as the world re-arms, presenting an opportunity for South Korea to capitalize on the growing demand for defense products.
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As the world rearms, South Korea aims to cash in
Weapons and military equipment produced in South Korea are sought-after due to their reliability, proven effectiveness, short delivery times and relatively low prices.
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Prime Minister Han Seong-sook vowed Tuesday to focus the government's policy efforts to advance South Korea into the ranks of the world's top five exporters. Han made the pledge during a ceremony marking the 80th founding anniversary of the Korea International Trade Association as the country is posting record high export figures this year fueled by strong demand for memory chips. "The government will focus policy capabilities on the goal of becoming a top five global export powerhouse and will
By The Korea Herald
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