The new $1 billion deal is the largest defence contract struck between Australia and an Asian nation:
Australia and South Korea have struck a $1 billion defence deal as leaders Scott Morrison and Moon Jae-in hold formal talks in Canberra.
Australia and South Korea will upgrade their ties to "comprehensive strategic partnership" status during the visit.under which Korean defence company Hanwha will provide 30 self-propelled howitzer artillery weapons, 15 ammunition supply vehicles and radars to detect enemy artilleryThe new vehicles will be able to quickly fire and move to avoid enemy counterattacks.
The deal is expected to create at least 300 jobs in the greater Geelong region, where the manufacturing facility will be based. Construction is due to start in 2022. "Our comprehensive strategic partnership with the Republic of Korea is underpinned by our joint commitment to defence and security cooperation," Mr Morrison said.Mr Moon is the first international leader to visit Australia since borders reopened.Australia has comprehensive strategic partnerships, or their equivalents, already with ASEAN, China, Fiji, France, Germany, India, Indonesia, Japan, Malaysia, and Papua New Guinea.
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