Home World News Latin America South Korea Vows to Step Up Defense Spending Over Next 5 Years

South Korea Vows to Step Up Defense Spending Over Next 5 Years

South Korea Vows to Step Up Defense Spending Over Next 5 Years

SEOUL (Sputnik) – South Korea said Wednesday it wanted to increase military spending by 331.4 trillion won ($261 billion) over the next five years, ratcheting up expenditure by an annual average of 6.8%.

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