Submarine project with Peru and resource deal with Chile highlight Seoul’s push to expand its global influence
A collage of a map of Latin America and South Korean President Yoon Suk-yeol | Image: Wikimedia Commons, ROK Presidential Office, edited by Korea Pro
Latin America’s limited defense budgets, political instability and entrenched competition from global powers present significant challenges to South Korea’s ambitions to expand its defense industry in the region.
Despite these obstacles, Seoul is making inroads into the region, leveraging defense agreements with Peru and carrying out diplomatic outreach at the G20 summit in Brazil.
Latin America’s limited defense budgets, political instability and entrenched competition from global powers present significant challenges to South Korea’s ambitions to expand its defense industry in the region.
Despite these obstacles, Seoul is making inroads into the region, leveraging defense agreements with Peru and carrying out diplomatic outreach at the G20 summit in Brazil.
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