Editing Economy of South Korea (section)

===Armaments===
[[File:US Navy 100727-N-2013O-128 An SH-60F Sea Hawk helicopter flies by Dokdo (LPH 6111).jpg|thumb|right|South Korea's remarkable technological advancements and industrialisation allowed the country to produce increasingly advanced military equipment.]]
{{Main|Defense industry of South Korea}}
During the 1960s, South Korea was dependent on the United States to supply its armed forces, but after the elaboration of President [[Richard Nixon|Richard M. Nixon's]] policy of [[Vietnamization|Vietnamisation]] in the early 1970s, South Korea began to manufacture its own weapons.<ref>{{cite web|url=http://www.country-data.com/cgi-bin/query/r-12313.html|title=South Korea: Armaments|publisher=Library of Congress|access-date=14 August 2010|archive-date=4 March 2016|archive-url=https://web.archive.org/web/20160304201657/http://www.country-data.com/cgi-bin/query/r-12313.html|url-status=live}}</ref>

Since the 1980s, South Korea has begun exporting military equipment and technology to boost its international trade. Some of its key military export projects include the [[T-155 Fırtına|T-155 Firtina]] self-propelled artillery for [[Turkish Land Forces|Turkey]]; the [[S&T Daewoo K11|K11]] air-burst rifle for the [[United Arab Emirates Armed Forces|United Arab Emirates]]; the [[BNS Bangabandhu|Bangabandhu class]] guided-missile frigate for [[Bangladesh Navy|Bangladesh]]; fleet tankers such as [[HMAS Sirius (O 266)|Sirius class]] for the navies of [[Royal Australian Navy|Australia]], [[Royal New Zealand Navy|New Zealand]], and [[Bolivarian Navy of Venezuela|Venezuela]]; [[Makassar-class landing platform dock|Makassar class]] amphibious assault ships for [[Indonesian Navy|Indonesia]]; and the [[KAI KT-1 Woongbi|KT-1]] trainer aircraft for [[Turkish Air Force|Turkey]], [[Indonesian Air Force|Indonesia]], and [[Peruvian Air Force|Peru]].

South Korea also exports various core components of other countries' advanced military hardware. Those hardware include modern aircraft such as [[F-15K]] fighters and [[Boeing AH-64 Apache|AH-64]] attack helicopters which will be used by Singapore, whose airframes will be built by [[Korea Aerospace Industries]] in a joint-production deal with Boeing.<ref>{{cite web|url=http://www.koreaaero.com/english/business/fuselage_01.asp|title=KAI Major Programs: Airframe|publisher=Korea Aerospace Industries|access-date=14 August 2010|archive-url=https://web.archive.org/web/20170809130914/http://www.koreaaero.com/english/business/fuselage_01.asp|archive-date=9 August 2017|url-status=dead}}</ref> In other major outsourcing and joint-production deals, South Korea has jointly produced the [[S-300 missile system|S-300]] air defence system of Russia via Samsung Group,{{Failed verification|date=August 2019}} and will facilitate the sales of [[Mistral-class amphibious assault ship|Mistral class]] amphibious assault ships to Russia that will be produced by [[STX Corporation]].<ref>{{cite news|url=https://www.bbc.co.uk/news/world-europe-10740291|title=France to sell two Mistral-class warships to Russia|publisher=BBC|date=23 July 2010|access-date=21 June 2018|archive-date=12 February 2019|archive-url=https://web.archive.org/web/20190212193455/https://www.bbc.co.uk/news/world-europe-10740291|url-status=live}}</ref> The deal was cancelled in 2014 due to Russia's actions in Ukraine and the ships were sold to Egypt instead.<ref>
{{Citation|title=Los Angeles Times| date=6 August 2015 |url=https://www.latimes.com/world/europe/la-fg-france-cancels-sale-warships-to-russia-20150806-story.html#:~:text=France%20is%20looking%20for%20a,deliver%20the%20vessels%20to%20Russia.}}</ref> South Korea's defence exports were $1.03 billion in 2008 and $1.17 billion in 2009.<ref>{{cite news|url=https://www.koreatimes.co.kr/www/news/nation/2010/08/205_67771.html|title=Korea emerges as arms development powerhouse|newspaper=[[The Korea Times]]|access-date=12 November 2015|archive-date=30 November 2016|archive-url=https://web.archive.org/web/20161130111459/https://www.koreatimes.co.kr/www/news/nation/2010/08/205_67771.html|url-status=live}}</ref>