South Korea inks agreement to export tanks, armored vehicles to Peru
The agreement was signed in Peru on Tuesday, with Peruvian President Jose Jeri and Lee Yong-chul, head of South Korea’s Defense Acquisition Program Administration, in attendance.
As part of the deal, defense company Hyundai Rotem will collaborate with Peru’s Army Weapons and Ammunition Factory to deliver 54 K2 tanks and 141 K808 wheeled armored vehicles by next year, according to official statements.
If fully executed, this would represent South Korea’s first tank export to Latin America and its largest ground weapons sale in the region.
President Lee Jae Myung praised the agreement, stating that he expects it to “significantly upgrade the two countries' defense and arms industry cooperation.”
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