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S Korea, New Zealand sign munition supply agreement
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15:23, January 29, 2008

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South Korea and New Zealand have sealed a munition supply agreement that will enhance South Korea's ability to secure munitions during peacetime and war, the Defense Ministry said Tuesday.

The agreement came at the end of two-year negotiations through the Pacific Area Senior Officer Logistics Seminar, an annual seminar organized by the U.S. Pacific Command, the ministry said in a statement.

"The agreement for munition supplies between South Korea and New Zealand will not only help safely secure a source of munitions during war and peacetime through mutual cooperation, but it is also expected to help boost (South Korea's) exports in the armaments industry," the statement said.

Seoul seeks to strike similar deals with Israel, Turkey and the Philippines, it said.

Source: Xinhua

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