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Australia chooses South Korea to ink largest-ever defence deal in Asia

In a move that can irk China, Australia on Monday chose South Korea for the largest-ever defence deal with the Asian country

Moon Jae-In

South Korean President Moon Jae-In

ANI

In a move that can irk China, Australia on Monday chose South Korea for the largest-ever defence deal with the Asian country.

Australia and South Korea took their strategic relations to new heights by agreeing to a new defence deal worth USD 717 million (NTD 19,861 billion), reported Taiwan News.

The deal's announcement marked the climax of a four-day visit to Canberra by South Korean President Moon Jae-in -- the first foreign leader to visit Australia since the coronavirus pandemic began in 2020, according to an Al Jazeera report.

Hanwha, a South Korean defence company, has signed on to supply the Australian army with cutting-edge artillery weapons, supply vehicles, and radars.

 

It represents the largest defence contract between Australia and an Asian nation in history, and it comes just months after Canberra joined the AUKUS pact with the UK and US, much to the chagrin of China.

Indeed, experts believe Moon's visit shows Seoul is prepared to go out of its way to deepen its friendship with Australia, despite knowing it will potentially take heat from China as a consequence, reported Taiwan News.

"At the end of his single five-year term and in the midst of the pandemic, it has to be quite important to signal a degree of support and comfort with Australia's membership of the Quad and the AUKUS agreement," said Bill Paterson, Australia's former ambassador to Seoul.

The outcomes of recent meetings between South Korean leaders and their Chinese and Australian counterparts show that, despite the importance of the country's trade relations with China, Seoul places greater trust in American allies like Australia when it comes to security, reported Taiwan News.

While China and South Korea will commemorate 30 years of diplomatic ties next year, Australia and South Korea have diplomatic connections going back 60 years.

The countries have a long military relationship, with about 18,000 Australians fighting alongside South Korean forces in the Korean War -- in which China fought on the other side.

The two countries also share strong economic ties, with South Korea being Australia's fourth-largest trading partner, bolstered by a free trade agreement that took effect in 2014.

Now Morrison and Moon have agreed to upgrade the official status of their relations to a "comprehensive strategic partnership", reported Taiwan News.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Dec 14 2021 | 8:39 AM IST

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