India, South Korea agree to export of military hardware
GS Paper - 2 International Relations
In a significant move, India and South Korea have agreed to go for joint production and export of military hardware, enhance intelligence sharing and boost cooperation in cyber and space domains as part overall expansion of defence and security ties, official sources said on 28 March 2021. The South Korean minister was on a three-day visit to India that was focused on boosting bilateral defence and military cooperation.
- In the field of defence industrial cooperation, the sources said the two sides decided to focus on joint research, joint production and joint export.
- South Korea has been a major supplier of weapons and military equipment to India.
- In 2019, the two countries finalised a roadmap for cooperation in joint production of various land and naval systems.
- In the talks, the South Korean minister also expressed keenness in seizing the opportunities in India's two defence corridors, particularly by investing in joint ventures under the 'Aatmanirbhar Bharat' (self-reliant India) initiative.
- The government is working on setting up two defence industrial corridors in the country, one in Uttar Pradesh and another in Tamil Nadu, with an aim to ensure connectivity among various defence industrial units.
- The two sides also agreed to increase focus on cyber and space cooperation besides resolving to continue to focus on streamlining the intelligence exchange mechanism.
- The Korean minister also highlighted the congruence between India's Act East Policy and his country's Southern Policy.
- In light of India's experience in the UN peacekeeping operations, the Indian side conveyed to the South Korean delegation that it will ensure an appropriate participation in the upcoming UN Peacekeeping Ministerial meet in that country in December 2021.