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Analysis How a payment dispute with Indonesia puts Seoul’s defense export goals at riskUnpaid dues and new defense purchases have cast shadow on Jakarta’s commitment to joint KF-21 program with South Korea South Korea is confronting a growing chasm of distrust with Indonesia, centered around a key joint defense project: the KF-21 fighter jet program. The Southeast Asian nation’s failure to present a payment timetable, as pledged, for its $1.3 billion share of the project’s cost is causing concern in Seoul. Indonesia’s recent agreements to purchase 42 French Rafale fighter jets for $8.1 billion and 12 used Mirage 2000-5 fighter jets from Qatar for $792 million has raised further questions about its commitment to the KF-21 program, with the future of the joint project in doubt. The KF-21, which Seoul has © Korea Risk Group. All rights reserved. |





