Seoul will increase military spending to 2.9 percent of GDP: Moon



News Seoul will increase military spending to 2.9 percent of GDP: Moon Dialogue with N. Korea is meaningless "without overwhelming national defense power", says President Dagyum Ji July 18, 2017 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Blue House South Korea will increase its military spending to 2.9 percent of Gross Domestic Product (GDP) under his presidency, President Moon Jae-in said on Tuesday. The move would see the largest increase in Seoul's defense budget as a percentage of national GDP since the 1980s. South Korea will increase its military spending to 2.9 percent of Gross Domestic Product (GDP) under his presidency, President Moon Jae-in said on Tuesday. The move would see the largest increase in Seoul's defense budget as a percentage of national GDP since the 1980s. Become a member for less than $5.75 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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Seoul will increase military spending to 2.9 percent of GDP: Moon

Dialogue with N. Korea is meaningless "without overwhelming national defense power", says President

Dagyum Ji July 18, 2017

Seoul will increase military spending to 2.9 percent of GDP: Moon

Blue House

South Korea will increase its military spending to 2.9 percent of Gross Domestic Product (GDP) under his presidency, President Moon Jae-in said on Tuesday.

The move would see the largest increase in Seoul's defense budget as a percentage of national GDP since the 1980s.

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Dagyum Ji

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