Navy Set for Launch of Light Carrier Project, Spurred by Budget Passage
SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s Navy looks set to embark on a long-cherished project next year to secure a light aircraft carrier, as the National Assembly passed a 7.2 billion won (US$6.1 million) budget for the project Friday in a reversal of an earlier move to slash it. The legislature passed the [...]