This June 28, 2023, file photo shows the logo of the Defense Acquisition Program Administration. (Image courtesy of Yonhap)
SEOUL, Feb. 17 (Korea Bizwire) — South Korea will run a country booth at a defense exhibition in the United Arab Emirates (UAE) this week, the state arms procurement agency said Monday, as the country seeks to boost its overseas arms exports.
The Defense Acquisition Program Administration (DAPA) will set up the booth at the biennial International Defence Exhibition and Conference (IDEX) that will run through Friday, according to officials.
The booth at the five-day arms trade fair will showcase products by small and mid-sized South Korean defense firms and promote the country’s overall arms industry, as well as host networking events for arms industry and government officials, DAPA said.
It marks the first time that DAPA has run a joint booth representing both the government and small and mid-sized arms firms.
South Korea aims to carve out a 5 percent share of the global arms export market by 2027 to become the world’s fourth-largest defense exporter.
(Yonhap)
