The Korea Herald

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[Graphic News] 66% of Korea‘s arms imports brokered by private dealers

By Korea Herald

Published : Nov. 4, 2013 - 19:58

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About two-thirds of Seoul’s weapons imports were brokered by private dealers, according to data from the Defense Acquisition Program Administration. The government purchased foreign weapons systems worth 16.7 trillion won ($15.7 billion) in total from 2007-12. Of the total, weapons worth some 11.41 trillion won, or 66.1 percent, were purchased through private dealers, while the rest were acquired through government-to-government transaction programs.