by Staff Writers
Seoul (AFP) Sept 11, 2012
South Korea will spend $2.3 billion dollars over the next five years to secure tactical weapons targetting North Korea's nuclear weapons facilities and missile bases, a state agency said Tuesday.
The defense ministry has approved a five-year plan to spend 2.7 trillion won ($2.3 billion) on buying hundreds of home-built ballistic missiles and other weapons, the Defence Acquisition and Procurement Agency said.
It needs parliamentary approval to be implemented.
In April, the South unveiled a new cruise missile dubbed "Hyunmu-3", which can travel more than 1,000 kilometres (625 miles).
The military plans to increase the number of its Hyunmu-3 cruise missiles as well as the number of Hyunmu-2 ballistic missiles, which have a 300-km range.
South Korea also wants the United States to expand the range of Seoul's ballistic missiles.
The US stations 28,500 troops in South Korea, a close ally, and guarantees a nuclear "umbrella" in case of any atomic attack. In return, Seoul maintains a 300-kilometre limit on its missile capabilities.
The need to strengthen Seoul's missile capability took on new urgency after the North's latest long-range rocket launch in April.
The South believes the North has 1,000 missiles of various types, many of them targeted at Seoul or other locations in the South.
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N. Korea says US troops could spawn 'all-out war'
Seoul (AFP) Sept 7, 2012
North Korea on Friday called for the withdrawal of US troops from South Korea, saying their prolonged presence could spawn an "all-out war". The US troops' presence has turned the Korean peninsula into "the world's biggest hotspot", the North's foreign ministry said in a statement carried by the official Korean Central News Agency. "If the US seeks to keep its forces in South Korea, cont ... read more
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