South Korea, Australia agree to bolster defence industry ties

Seoul, April 30 (IANS) The defence chiefs of South Korea and Australia held talks in Melbourne on Tuesday and discussed ways to step up cooperation for regional security and the defence industry.Defence Minister Shin Won-sik met Australian Deputy Prime Minister and Minister for Defence Richard Marles during his visit to Australia for "two plus two" talks among the countries' foreign and defence ministers, slated for Wednesday, Yonhap news agency reported.In their first meeting since their gathering in Seoul last October, the ministers evaluated the deepening defence industry ties, particularly in light of Australia's procurement of Korean weapons systems, and agreed to further bolster the partnership, the defence ministry said.In December, the Australian subsidiary of Hanwha Aerospace secured a 3.1 trillion won (US$2.4 billion) deal to sell 129 Redback infantry fighting vehicles to Australia. It was Hanwha's second export to Australia following a 2021 deal for K-9 self-propelled howitzers.Before their discussions, the ministers visited Hanwha's infantry vehicle factory in Geelong, located an hour's drive from Melbourne, to observe ongoing construction activities. Construction of the local assembly line is expected to be completed in July, according to the ministry.--IANSint/sd/svn

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