/ 14 December 2021

South Korea doin’ deals here and at home

Image source: Getty
Image source: Getty

In what’s been dubbed Australia’s biggest military deal with an Asian nation, we’ve inked a $1 billion agreement with South Korean defence giant Hanwha. What do we get with our big bucks? Artillery weapons, supply vehicles and radars to be built in Geelong. It’s the first of several agreements expected to come out of South Korean President Moon Jae-in’s 4-day visit that kicked off yesterday – he’s here to talk security, trade and to mark the 60th anniversary of diplomatic ties between the countries. Moon and PM Scott Morrrison yesterday said ties between our “like-minded democracies” would be elevated to a “comprehensive strategic partnership” to help secure peace in the Indo-Pacific region (ahem China…). Another relationship Moon is warming up to is North Korea. The Koreas yesterday agreed in principle to end the Korean War, which split the peninsula in 2 and never officially ended after an armistice was declared in 1953. But for talks to go ahead, North Korea says the South’s “hostile policy” towards it needs to end, including US-led sanctions.

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