Buying a big stick: South Korea's military spending has North Korea worried

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South Korea's defence spending jumped seven percent to US$43.1 billion in 2018.

South Korea and North Korea have continued to pour resources into modernising their militaries despite a frenzy of diplomacy since 2018, data shows, creating a point of tension that has sharpened as talks have stalled.

In 2018 South Korea’s military expenditures reached US$43.1 billion, an increase of seven percent compared with 2017, according to the MND. It was the biggest single-year jump since a 8.7 percent increase in 2009. By 2023, the “force enhancement” budget will account for more than 36 percent of total defence spending, up from about 31 percent this year, according to South Korea’s 2018 Defense White Paper.

North Korea also views the F-35s as violations of a military de-escalation agreement the two countries signed in September 2018. The Koreas agreed to cease “all hostile acts,” but the deal did not mention new weapons. Since the 1950-1953 Korean War, the American military has retained the authority to control hundreds of thousands of South Korean forces alongside the roughly 28,500 US troops in South Korea if another war breaks out.

 

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