Wednesday 24 January 2018
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1 months ago

South Korea arms makers cashing in on North Korea threats — study

STOCKHOLM, Sweden --- Faced with constant missile and nuclear threats from its belligerent northern neighbor, South Korea is boosting its arms sales and aims to become a major exporter, a study said on Monday. South Korea s arms industry accounted for 2.2 percent of global top 100 producers sales in 2016, the Stockholm International Peace Research Institute (SIPRI) said in a report listing the world s top 100 military services. South Korean arms-producing companies combined sales totaled $8.4 billion

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