Defense Minister Talks with His S Korean Counterpart to Boost Defense Cooperation

10-07-2020 18:02:29
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The Defense Minister, Rajnath Singh, has on Friday held a telephonic conversation with his South Korean counterpart, Jeong Kyeong-Doo, with a focus on further ramping up bilateral defense cooperation by launching joint production lines for military hardware and key platforms.

South Korea has been a major supplier of weapons and military equipment to India for past several years. In 2019, the two countries finalized a roadmap for cooperation in joint production of various land and naval systems. About two months ago, the government announced relaxing foreign direct investment norms in defense manufacturing by allowing 74 per cent FDI under the automatic route with a view to attract overseas players in the sector. The telephonic conversation took place in the midst of a tense border row between India and China. It is not immediately known whether the issue figured in the conversation. A statement issued by the Defense Ministry states that views on the regional developments of shared security interests were also discussed during the telephonic call.

“The two ministers reviewed the progress on various bilateral defense cooperation initiatives and expressed commitment to further promotes defense cooperation between the armed forces”, a government officer said. It was also agreed to take forward the agreements in the field of defense industry and defense technology cooperation between India and Republic of Korea. The two nations also discussed the ways to launch joint production lines for military hardware and key platforms.


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