S Korea lays out future plans on defense science and technology

14:48, December 23, 2009      

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South Korea has unveiled revised plans on developing the country's defense science and technology from 2010 to 2024, according to the Ministry of National Defense.

The revised blueprint has set improving technologies for high-tech weapons system as a mid-term goal and securing independent technology for it as a long-term aim, the ministry said on Wednesday.

Seoul's investment in research and development on national defense, which currently stands at 5.6 percent of the total military spending, will climb up to 7 percent by 2012, and to 10 percent by 2020, a sharp rise compared to the original plan, according to local media.

South Korea, currently the world's 18th largest weapons seller, also aims to increase its arms sales by 2024 to become the 10th exporter, media reports said.

The changes in plans, supposed to be made every five years, came earlier than usual following the latest revision in 2007 due to policy changes on national defense under the Lee Myung-bak administration, which took office in February 2008, local media said.

Source: Xinhua

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