Korea will export 1.3 trillion won ($938.7 million) worth of K9 self-propelled howitzers to Romania, marking the Eastern European country's largest weapons acquisition in seven years.
Korea is poised to secure a $920 million deal with Romania to export K9 self-propelled howitzers to the eastern European country following a defense ministerial meeting.
President Yoon Suk Yeol and Romanian President Klaus Iohannis agreed to boost cooperation in the defense and nuclear energy sectors at a bilateral summit in Seoul on Tuesday.
Korea is participating in a 1.85 billion euro ($1.97 billion) project for a nuclear plant refurbishment in Romania through a tripartite consortium.
The government will place nuclear component orders worth 800 billion won ($604.7 million) for local part suppliers, which have suffered a years-long demand slump during the previous administration’s nuclear phase-out.
On Tuesday, Korea Hydro & Nuclear Power (KHNP) signed a deal to build a tritium removal facility for the Cernavoda nuclear power plant in Romania, with Nuclearelectrica (SNN), the country’s state-run nuclear power company.
Hanwha Aerospace signed a memorandum of understanding (MOU) with Romania’s state-run defense company to export its K9 self-propelled howitzer and infantry fighting vehicle (IFV), the Korean engine and arms manufacturer announced Tuesday.
Minister of Trade, Industry and Energy Lee Chang-yang met with the Romanian Minister of Economy Florin Marian Spataru and Romanian Minister of Energy Virgil-Daniel Popescu at the Lotte Hotel in Seoul on Friday.
The Korean language may be taught in Romanian middle and high schools next year, said Romania’s Education Minister Sorin Mihai Cimpeanu in a meeting with National Assembly Speaker Kim Jin-pyo in Romania on Sunday...
After a summer of supply disruptions, Moderna vaccine shipments are set to resume with the arrival of 1,021,000 doses on Thursday, part of 6 million doses scheduled to land by Sunday.
Korea JoongAng Daily Sitemap
