South Korea Increases National Defense Budget

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According to South Korea’s revised mid-term national defense budget, the country plans to increase its spending to 238.2 trillion won (US$210 billion) in order to improve its military force between 2018 and 2022. The improvements are meant to establish a “three-axis system” to outgun North Korea, and involve the Kill Chain pre-emptive strike system, the Korean Air and Missile Defense (KAMD), and the Korean Massive Punishment and Retaliation (KMPR) strategy. South Korea also announced that it will lease several military spy satellites from foreign allies next year while it speeds up improving its own capability to surveil North Korean nuclear and missile capabilities. The South Korean Defense Ministry issued a statement claiming that they “plan to improve surveillance and striking capability on the whole region of North Korea, expand the defense ability for core facilities and develop the capability for independent, massive retaliation.”