Facebook Twitter 新浪微博 Instagram YouTube Tuesday, Feb 28, 2017

S. Korea formally signs land swap deal with Lotte for THAAD

(Xinhua)    10:46, February 28, 2017

A woman protests against the deployment of an advanced U.S. missile defense system in front of the Lotte Headquarters in Seoul, South Korea, Feb. 27, 2017. Lotte Group, South Korea's fifth-largest conglomerate, decided Monday to offer its golf course to be used as a site for Terminal High Altitude Area Defense (THAAD). (Xinhua/Lee Sang-ho)

SEOUL, Feb. 28 - South Korea's defense ministry on Tuesday signed the land swap deal with Lotte Group for Terminal High Altitude Area Defense (THAAD), a ministry official said.

The official told Xinhua that the contract to exchange military land for the Lotte-owned golf course was formally signed earlier in the day.

Lotte International, a Lotte unit possessing the golf course where the U.S. missile shield is set to be sited, held a board of directors meeting Monday to approve the contract.

Seoul and Washington abruptly announced a decision in July last year to deploy one THAAD battery by the end of this year. The site was changed in September into the golf course in Seongju county, North Gyeongsang province.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)
(Web editor: Du Mingming, Bianji)

Add your comment

Most Read

Hot News

We Recommend


prev next

Related reading