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South Korea Defence Spend Hits $222bn for 2021-2025
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South Korea spent $222 billion on defense from 2021 to 2025, reveals GlobalData - GlobalData
The rising tensions with North Korea, coupled with China’s increasing assertiveness, have necessitated South Korea to bolster its military capabilities and readiness. These strategic enhancements include investments in advanced weapons systems, military preparedness, and fortification of cybersecurity infrastructure. In light of these developments, the country has allocated $222 billion for the period from 2021 to 2025, according to GlobalData, …
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