Korea, New Zealand Sign Munition Supply Agreement

Korean Information Service, Korea and New Zealand have sealed a munition supply agreement that will enhance Korea’s ability to secure munition during peacetime and war, the [South Korean] Defense Ministry said Tuesday (Jan. 29). 
 
The agreement came at the end of two-year negotiations through the Pacific Area Senior Officer Logistics Seminar, an annual seminar organized by the U.S. Pacific Command, the ministry said in a statement. 
 
“The agreement for munition supplies between Korea and New Zealand will not only help safely secure a source of munition during war and peacetime through mutual cooperation, but it is also expected to help boost (Korea’s) exports in the armaments industry,” the statement said. Seoul seeks to strike similar deals with Israel, Turkey and the Philippines, according to the statement.