Tuesday, October 16, 2007

President: Korea Plans to Become Top Ten Arms Exporter by 2020

President Roh Moo-hyun said Tuesday (Oct. 16) that Korea will be able to independently develop advanced weapon systems and rank as the world's 10th-largest arms exporter by 2020.

"The government will continue to expand financial aid and investment in core aerospace and defense industry technologies, and strengthen joint export marketing activities in these industrial fields," Roh said in a speech at the opening ceremony of the Seoul Air Show 2007. (read more)

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