Seoul moves to speed defense exports with faster tech transfer rules

“South Korea is moving to cut red tape in defense technology transfers, seeking to help local arms-makers produce and export weapons parts more quickly, as demand for Korean-made systems grows overseas. The Defense Ministry has issued a prior announcement of a partial revision to the enforcement decree of the Defense Science and Technology Innovation Promotion Act. The proposed revision would shorten part of the approval process for state-owned defense R&D technologies from up to two months to 30

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