Five major commercial banks have been considering issuing a syndicated loan to help finance South Korean companies arms exports to Poland, an industry source said Friday.
President Yoon Suk Yeol will visit San Francisco next week to attend a summit of the Asia-Pacific Economic Cooperation (APEC) forum, before making separate visits to Britain, France and the Netherlands in the coming weeks, his office said Wednesday.
Korea is mulling financing options with major commercial banks to help clear hurdles for local defense firms bid to export some 30 trillion won ($23 billion) worth of weapons to Poland, military officials said Monday.