‘A gift and a curse’: What South Korea’s $253 billion defense plan really means
The new, high-budget plan for 2021 - 2025 puts a big focus on interceptors meant to thwart North Korean missiles
On Aug. 10, South Korea’s Ministry of National Defense (MND) released its Intermediate-Term National Defense Plan for fiscal years 2021 to 2025. The annual report covers the country’s military requirements and defense policies with a five-year lookahead.
The latest Intermediate-Term National Defense Plan is set to improve South Korea’s anti-ballistic missile capability with a new range of missiles, among other changes. The plan is welcome, but one must wonder whether policy planners took into account what they are creating.
Here’s a breakdown of the report, how it works and what it means for the
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