|  |  | 

India Top Headlines

India and South Korea agree to bet on joint production and export of military equipment | India News


NEW DELHI: In a significant move, India and South Korea agreed to opt for joint production and export of military hardware, enhance intelligence sharing, and boost cooperation in cyber and space domains as part of the overall expansion of US ties. defense and security, official sources said on Domingo.
The decisions were made during delegation-level talks between Defense Minister Rajnath Singh and his South Korean counterpart Suh Wook on Friday and both sides resolved to give a big push to strengthen ties in strategically key areas, they said.
The South Korean minister was on a three-day visit to India since last Thursday that focused on boosting bilateral defense and military cooperation.
In the field of defense industrial cooperation, sources said the two sides decided to focus on joint research, joint production and joint export.
“There were extensive discussions about it,” said a source.
South Korea has been a major supplier of weapons and military equipment to India. In 2019, the two countries finalized a roadmap for cooperation in the joint production of various land and naval systems.
In the talks, the South Korean minister also expressed interest in seizing opportunities in India’s two defense corridors, particularly by investing in joint ventures under the ‘Aatmanirbhar Bharat’ (Self-sufficient India) initiative.
The government is working on the creation of two defense industrial corridors in the country, one in Uttar Pradesh and the other in Tamil Nadu, with the aim of ensuring connectivity between various defense industrial units.
The sources said that issues related to multilateral and regional cooperation in the emerging regional security scenario were also discussed between Singh and Wook.
China’s military assertiveness in the region is known to have figured in the talks.
The two sides also agreed to increase the focus on cyber and space cooperation, in addition to resolving to continue focusing on streamlining the intelligence sharing mechanism.
In the talks, the two ministers exchanged views on the impact of the Covid-19 pandemic on defense and security commitments, as well as the best practices followed by the armed forces to deal with the pandemic.
Sources said that the Korean minister also highlighted the congruence between India’s East Law Policy and his country’s South Policy.
In light of India’s experience in UN peacekeeping operations, the Indian side conveyed to the South Korean delegation that it will ensure proper participation in the upcoming UN peacekeeping ministerial meeting. in that country in December 2021.
The South Korean minister also visited Agra, where he was shown the capabilities of India’s special forces. He also interacted with senior executives of companies in the defense public sector and representatives of the FICCI chamber of industry.

Original source