South Korean Arms for Canada and Poland: NATO’s Reserve Arsenal for Ukraine?
... soon be added to the Ukrainian arsenals. In case of Canada, this is about 100 thousand 155-mm artillery rounds. South Korea and Poland had agreed on supplying 980 K2 Black Panther tanks (manufactured by Hyundai Rotem) and their subsequent production (see ... ... Industries). The exact sum of the deal has not been named, but experts estimate it to be about USD 15 billion, which is the largest arms export contract in South Korean history. For comparison, in 2021, considered to be a successful year for the Korean military-industrial complex, the Republic of Korea exported only USD 7 billion worth of weapons. Fig. 1: The Republic of Korea’s transfer of the first 10 K2 ...