South Korean-Polish Summit with Visiting President Duda of Poland
First Export Contract Concluded in 2022 Worth 17 Trillion Won…Currently Negotiating 9.6 Trillion Won K2 Tank Deal,
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President Yoon Suk Yeol is meeting with Polish President Andrzej Duda, who is currently visiting South Korea. President Yoon met President Duda on July 13, 2023, at the Warsaw Presidential Palace for a one-on-one summit and they are shaking hands. /Newsis,
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, ‘President Yoon Suk Yeol is meeting the visiting Polish President Andrzej Duda. With the ongoing defense export to Poland worth 17 trillion won, attention is focused on whether this summit will accelerate additional contracts.’,
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, ‘According to the presidential office on the 24th, President Yoon will hold a summit with President Duda to discuss practical cooperation between the two countries and ways to enhance cooperation on regional and international stages. President Duda is in South Korea for a four-day visit starting on the 22nd. It is his first visit since the PyeongChang Winter Olympics, and the meeting between the two leaders comes after one year and three months since their last meet in July of last year.’,
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, ‘The summit is expected to address the ongoing defense cooperation and potential collaboration regarding the Ukrainian war, including North Korea’s involvement in Russia’s forces. Particularly, the summit may further the progress of a second defense export contract.’,
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, ‘In 2022, Poland signed a defense cooperation agreement with South Korea worth 44.2 billion dollars (61.102 trillion won). Initially, Poland agreed to defense export contracts worth approximately 17 trillion won with Korean companies, including items like 180 K2 tanks (4.5 trillion won), 212 K9 self-propelled howitzers (3.2 trillion won), 48 FA-50 jets (4.2 trillion won), and multiple rocket launchers (5 trillion won).’,
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, ‘Currently, the South Korean government and defense industry are in negotiations for an additional 7 billion dollar (9.6789 trillion won) export deal for K2 tanks. Discussions are ongoing regarding financial support for the export contract. Following the summit, President Duda is scheduled to visit production lines at Hyundai Rotem and Hanwha Aerospace on the 25th.’,
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, ‘The Yoon administration is focusing efforts on fostering K-defense as a future growth driver, aiming to rank among the world’s top four defense exporters, following the U.S., Russia, and France, by 2027. Over the past two years, South Korea has achieved an average annual defense export of over 15 billion dollars.’,
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, ‘On the 17th, the National Security Office held the 6th Defense Export Strategy Evaluation Meeting with government and corporate officials to discuss current issues and strategies for defense exports. Participants agreed to collaborate closely to ensure the smooth execution of defense cooperation projects with Poland, including the K2 tank export. Further, there was a consensus to strengthen the status of K-defense by ensuring it is not a one-time export but includes follow-up support.’,
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, ‘On the 23rd, Shin Won-sik, Chief of the National Security Office, met with Jacek Siewiera, the Chief of the National Security Bureau of the Polish Presidential Office, accompanying President Duda. They evaluated the ongoing close cooperation in security and defense matters and agreed to continue facilitating mutually beneficial cooperation via close communication between the national security offices of the two countries.’,
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