February 23, 2020

Seoul will increase military spending to 2.9 percent of GDP: Moon
Dialogue with N. Korea is meaningless "without overwhelming national defense power", says President
South Korea will increase its military spending to 2.9 percent of Gross Domestic Product (GDP) under his presidency, President Moon Jae-in said on Tuesday.The move would see the largest increase in Seoul's defense budget as a percentage of national GDP since the 1980s.“The new government is seeking a dialogue with North Korea but it would be meaningless without the overwhelming national