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Report: SKorea Lining up Banks for $22B Arms Sale to Poland

  • #Military
  • #South Korea
  • #North Korea
  • #Russia
  • #China
  • #Weapons
  • #Ukraine
  • #Politics
  • #Japan
Report: SKorea Lining up Banks for $22B Arms Sale to Poland
story
NOV 2023
Image copyright: Chung Sung-Jun/Getty Images News via Getty Images
story last updated NOV 2023

The Spin

Establishment-critical narrative

South Korea is trying to profit off of war and global conflict. Despite the fact that South Korean law prohibits defense companies from selling their weapons directly to countries engaged in conflict, officials have their eye not only on the war in Ukraine but also on the developing war in Gaza. Seoul's loopholes of providing weapons to countries geographically close to Ukraine, like Poland, or refilling depleted US weapons stockpiles, allowing more American weapons to be sent directly to Ukraine and Israel, are insincere workarounds.

Nikkei Asia

Pro-establishment narrative

Many countries around the world, like the US, are overextended with their foreign defense obligations. Countries are depleting their weapons stockpiles by arming Ukraine in its war against Russia, and this scarcity of weapons is not something they can easily or quickly solve on their own. South Korean defense companies can help fill this void. There is a need in this market that South Korea is more than equipped to fill.

Reuters

Establishment split

CRITICAL

PRO

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