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Australia and South Korea sign defense deal as leaders meet

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CANBERRA, Australia (AP) — Australia and South Korea have signed a $720 million defense deal as South Korean President Moon Jae-in became the first foreign leader to visit Australia since the pandemic began. The deal will see South Korean defense company Hanwha provide Australia with artillery weapons, supply vehicles and radars. It’s the largest defense contract struck between Australia and an Asian nation, and comes at a time of heightened tensions between Australia and China. Moon also confirmed South Korea isn’t considering joining the U.S.-led diplomatic boycott of the Beijing Winter Olympics, and said North Korea was holding up efforts to declare a formal end to the 1950-53 Korean War.

Article Topic Follows: AP National Business

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Associated Press

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