{"id":2200955,"date":"2023-05-09T08:00:24","date_gmt":"2023-05-08T23:00:24","guid":{"rendered":"https:\/\/koreapro.org\/?p=2200955"},"modified":"2023-05-08T19:43:23","modified_gmt":"2023-05-08T10:43:23","slug":"south-korea-latin-america-bolster-defense-ties-amid-global-security-concerns","status":"publish","type":"post","link":"https:\/\/koreapro.org\/2023\/05\/south-korea-latin-america-bolster-defense-ties-amid-global-security-concerns\/","title":{"rendered":"South Korea, Latin America bolster defense ties amid global security concerns"},"content":{"rendered":"
South Korea\u2019s Ministry of National Defense (MND) <\/span>announced<\/span><\/a> that MND minister Lee Jong-sup attended a meeting with the Group of Latin America and the Caribbean (GRULAC) to discuss defense and security cooperation between South Korea and Latin America, as well as the security situation on the Korean Peninsula and the Indo-Pacific region. Lee emphasized the importance of strengthening defense cooperation and outlined potential avenues for development, including establishing a systematic basis for cooperation, regular exchanges of high-level officials and expanding defense and military collaboration.<\/span><\/p>\n Latin American ambassadors expressed their support for South Korea\u2019s defense initiatives and commitment to revitalizing defense and security collaboration. Additionally, Lee sought Latin American support for South Korea\u2019s bid to host the Busan World Expo 2030 and emphasized the crucial role of Latin American ambassadors in fostering defense and security cooperation between the two regions.<\/span><\/p>\n Dear readers,<\/span><\/i><\/p>\n At KOREA PRO, our foremost priority is to provide our audience with engaging and insightful content. We value your feedback immensely and welcome any suggestions you may have to improve our offerings. We kindly invite you to participate in a brief <\/span><\/i>5-minute survey<\/span><\/i><\/a> to share your thoughts and perspectives.<\/span><\/i><\/p>\n KOREA PRO Briefing:<\/span><\/i><\/p>\n Explore South Korea\u2019s preferred weapons and arms export strategies with our distinguished speakers, Ankit Panda and Karl Friedhoff. Delve into the opportunities and challenges encountered by the Republic of Korea\u2019s defense sector and gain insight into the impact of emerging technologies within a rapidly evolving geopolitical landscape. Click <\/span><\/i>here<\/span><\/i><\/a> to register!<\/span><\/i><\/p>\n Why It Matters<\/b><\/p>\n President Yoon Suk-yeol pledged last year to step up efforts to boost weapons exports and secure cutting-edge defense technologies as he aims to build the <\/span>country\u2019s weapons industry<\/span><\/a> and make it the world\u2019s fourth-largest arms exporter. And Russia\u2019s inability to honor its arms delivery commitments to long-time defense customers, such as <\/span>India<\/span><\/a>, has given South Korean weapons manufacturers an opportunity to expand sales to countries where they could not compete before. Cuba, Nicaragua, Peru and Venezuela have been the <\/span>leading purchasers<\/span><\/a> of Russian arms in the region. For example, Russia has supplied 90% of <\/span>Nicaraguan arms imports<\/span><\/a> since 2000.<\/span><\/p>\n Further, even though the ROK is a U.S. ally, it does not have the diplomatic baggage that hinders some players in the global arms trade, such as China, Israel and Russia. Its ability to deliver tanks and howitzers to Poland quickly has also improved South Korea\u2019s image as a reliable arms manufacturer and trade partner.<\/span><\/p>\n