Australia, South Korea Sign $717m Defence Deal

Australia’s Prime Minister Scott Morrison and South Korean President Moon Jae-in have signed a $717m defence deal. <br />The new defence deal allows South Korean defence company Hanwha to provide the Australian army with artillery weapons, supply vehicles and radars. <br />It is the largest defence contract struck between Australia and an Asian nation and comes at a time of heightened tensions between Australia and China. <br />Morrison says the new defence contract would create about 300 jobs in Australia, where a division of Hanwha operates. <br />He says the contract signed speaks volumes about what they believe are the capabilities of the Korean defence industry.