Korea, Indonesia discuss diversifying defense industry cooperation
Korea and Indonesia on Wednesday discussed efforts to diversify their defense industry cooperation, including co-development of defense assets and joint arms exports to third markets, Seoul's arms agency said. The topics were addressed during a regular bilateral meeting on defense industry cooperation in Jakarta, led by officials from the Defense Acquisition Program Administration (DAPA) and…
On Wednesday, Korea and Indonesia held discussions to broaden their defense industry cooperation, according to Seoul's arms agency. The talks took place during a regular bilateral meeting in Jakarta, attended by officials from South Korea's Defense Acquisition Program Administration (DAPA) and Indonesia's defense ministry.
The primary focus of the meeting was to explore various models of partnership between the two countries' defense firms. These models included joint development, local production, and joint exports to third-party markets, as reported by DAPA. Both parties also reviewed the status of major ongoing defense cooperation projects and discussed subsequent steps to implement them.
One such ongoing project is the joint development of Korea's indigenous KF-21 fighter jet with Indonesia. This partnership involves sharing development costs and transferring technology from South Korea to Indonesia. However, the project has faced challenges as Indonesia has sought to reduce its financial contribution in exchange for a smaller share of the technology transfer.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
