South-east Asia is growing arms market for South Korea

Significance Except for Myanmar and Cambodia, which are subject to Western arms embargoes, the region is a buyer’s market. South Korea has become its largest supplier of arms. Meanwhile, defence imports from Russia and China have fallen. Impacts Singapore will remain committed to buying F-35 Lightni...

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Published: Emerald 2022
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Online Access:http://dx.doi.org/10.1108/oxan-db273432
https://www.emerald.com/insight/content/doi/10.1108/OXAN-DB273432/full/xml
https://www.emerald.com/insight/content/doi/10.1108/OXAN-DB273432/full/html
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Summary:Significance Except for Myanmar and Cambodia, which are subject to Western arms embargoes, the region is a buyer’s market. South Korea has become its largest supplier of arms. Meanwhile, defence imports from Russia and China have fallen. Impacts Singapore will remain committed to buying F-35 Lightning II stealth fighters from the United States. China will not find a market for its FC-31 Gyrfalcon stealth aircraft in South-east Asia. Despite rising inflation, South-east Asian countries will not cut their defence budgets.