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South Korea: The Next Big Arms Dealer in Asia?

Started by Epoch-Times-Bot, Nov 17, 2022, 02:15 PM

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Epoch-Times-Bot

South Korea: The Next Big Arms Dealer in Asia?

Commentary
The international arms bazaar is not an equal-opportunity marketplace. There is no level playing field, even if market leaders like the United States, Europe, Russia, and a few others were not fixing the whole affair. Given high barriers to entry, it is hard for an aspiring arms exporter to break into the business.
Costs often have less to do with arms purchases than one might think. The cheapest weapons systems are often not the ones eventually chosen.
Even capability is often not a major factor in deciding which arms to buy from which supplier. For the most part, modern weapons—fighter jets, armored vehicles, missiles, warships—are pretty much the same. In terms of capabilities, they overlap considerably; any of them could "do the job."...

Source: South Korea: The Next Big Arms Dealer in Asia?


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