S. Korea, Indonesia in 'close consultations' over KF-X program cost
GWACHEON, South Korea, Oct. 13 (Yonhap) -- South Korea and Indonesia are maintaining a close partnership over a fighter jet development project, code-named KF-X, despite concerns about agreed cost sharing, Seoul's arms agency said Friday.
Last year, the two countries signed a deal that calls for Jakarta to pay 20 percent of the total cost, estimated at 8.1 trillion won (US$7.1 billion). The program, led by South Korea, aims to develop 4.5th-generation fighter jets by the mid-2020s.
But Indonesia recently changed its stance to a more tepid position and discontinued the allocation of related budgets, according to news reports.
"(We) are in close consultations with the Indonesian government on the issue," Jeon Je-guk, head of the Defense Acquisition Program Administration (DAPA), told lawmakers during an annual audit of the agency's affairs. "(We) are trying to resolve the problem."
Indonesia has informed South Korea that it is also taking internal measures to address the matter, he added.
Jeon Je-guk, head of the Defense Acquisition Program Administration, speaks during the National Assembly's audit of his agency's affairs at the government office complex in Gwacheon, Gyeonggi Province, on Oct. 13, 2017. (Yonhap)
lcd@yna.co.kr
(END)
-
Overdue debut of Korean abstract art pioneer Yoo Young-kuk at Venice Biennale -
Defense chief says N. Korea's hypersonic missile 'unsuccessful' in last-stage glide flight -
Relax, immerse yourself in scents at Venice Biennale's Korean Pavilion -
N. Korea has capability to genetically engineer biological military products: U.S. report -
S. Korea marks 30th anniv. of Korean Pavilion at Venice Biennale with contemporary art
-
Overdue debut of Korean abstract art pioneer Yoo Young-kuk at Venice Biennale -
Relax, immerse yourself in scents at Venice Biennale's Korean Pavilion -
S. Korea marks 30th anniv. of Korean Pavilion at Venice Biennale with contemporary art -
Defense chief says N. Korea's hypersonic missile 'unsuccessful' in last-stage glide flight -
Questioning necessary for Kakao founder for suspected stock rigging: prosecution
-
Gov't likely to accept university chiefs' request to lower med school enrollment quota -
Facebook page unveils photos of BTS member V in counter-terrorism unit gear -
S. Korea not invited to G7 summit meeting this year: sources -
(4th LD) Finance chiefs of S. Korea, U.S., Japan recognize 'serious' concerns over 'sharp' won, yen depreciation -
Yoon's approval rating sinks to lowest point since taking office
