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The U.S. Department of State has approved a possible sale to South Korea of up to 25 F-35A radar-evading fighters and related equipment to help the East Asian ally maintain a
South Korea's finance ministry on Tuesday proposed a budget of 654.2 trillion won ($495 billion) for 2024, marking the slowest on-year growth since 2005, as the country aims to tig...
Defense South Korea's Defense Ministry has proposed to raise expenditures by around 17 percent to advance the development of an indigenous three-axis defense system, aimed at countering North Korean missile and nuclear threats and retaliating in the event of an attack. Total defense spending is estimated at approximately 59.6 trillion won ($45.1 billion), a 4.5 percent increase from last year, according to the m...
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The Chey Institute started an ambitious new project in August 2018 soon after the Singapore Declaration between U.S. President Trump and his North Korean counterpart Kim Jong-un. It was to invite a group of foreign policy and security watchers in Korea and organize a series of debates focused on the North Korean nuclear issue. The purpose of the project was to promote study and debate on North Korea's nuclear weapons, the most important issue for Korea's national security. The project was named “Deep Dive,” maybe out of the organizer's desire to promote in-depth study on the issue.