SEOUL TO SPEND $210 BILLION TO IMPROVE MILITARY FIREPOWER

Seoul, – South Korean military plans to set up a “three-axis system” to improve its combat power and outgun the North’s 1.1-million-strong military, the Ministry of National Defense said Friday according to Yonhap news agency.

Seoul, which has around 625,000 troops, is planning to spend $210 billion into a number of projects aimed at boosting its military firepower between 2018 and 2022.

“(We) plan to improve surveillance and striking capability on the whole region of North Korea, expand the defense ability for core facilities and develop the capability for independent, massive retaliation,” the ministry said.

Seoul is aiming to set up the three-tier system by the early 2020s, earlier than the initially planned mid-2020s, according to the strategy reported to the country’s National Assembly.

The scheme reflects the seriousness of the communist nation’s development of weapons of mass destruction (WMDs) and the urgency of resolving the problem, Yonhap reported.

Seoul is planning to acquire five military satellites by 2022. “We are in talks with three to four countries,” a senior Ministry of National Defense official said. “We hope to sign a contract with a certain nation by early next year if possible.” The military will push for the early operation of new striking means to destroy the North’s key military facilities, Yonhap reported, adding that the military is also developing a missile with the range of 800km in addition to the line of shorter-range ballistic missiles and the 1,000-km-range Hyunmoo-3 cruise missile. (QNA)

Source: Qatar News Agency

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