Oct 11, 2018 SOURCE: © CTO Data Services Co.
CONFLICTING SIGNALS AS SOUTH KOREA’S DEFENCE MINISTER CONFIRMS RULE CHANGES
Song Young-moo, South Korea’s minister of national defence, has announced the introduction of an industrial cooperation quota requirement for defence procurements. The aim is to boost the level of SME participation in defence projects as part of the ministry’s import substitution plans.
Mr Song said that “a certain percentage” of the...
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