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.
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.
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