South Korea seals US$4 billion arms deal with Poland amid ‘daunting’ EU bloc trade threat

Published 4 hours ago
Source: scmp.com
South Korea seals US$4 billion arms deal with Poland amid ‘daunting’ EU bloc trade threat
A multibillion-dollar contract signed by Seoul this week to supply arms to Poland has underscored the strength of South Korea’s defence industry. Observers, however, warn that a growing global trend involving bloc-based arms trade could cast a shadow over the country’s future as a major weapons exporter. The consortium of Hanwha Aerospace and Hanwha-WB Advanced System (HWB) on Monday signed a 5.6 trillion-won (US$4 billion) contract with Poland’s arms procurement agency, the Polish Armament...