North Korea scraps 2018 military pact with South Korea Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
North Korea said Thursday it would step away from an inter-Korean military agreement reached on Sept. 19, 2018, vowing to deploy new and more advanced weapons along the shared border. In a statement carried by the state-run Korean Central News Agency on Thursday, North Korea’s Defense Ministry said its forces “will not be bound by” the agreement that created a buffer zone around the fortified border.
A steep increase in soldiers salary is beginning to take a toll on the military budget, raising concerns about potential setbacks in the Yoon Suk Yeol administration’s plan to raise their monthly salaries to 2 million won ($1,480) over the next couple of years.
Amid North Korea s growing nuclear and missile threats, attention is on a budget increase proposal to bolster a key deterrence system, which is pending approval in the National Assembly. In August, the government announced a defense budget proposal of 57.1 trillion won ($43.2 million) for 2023, a 4.6 percent year-on-year increase, with 5.25 trillion won earmarked for the domestic
Kim Yo-jong causes internal conflicts in South over joint military drill with US koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.