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International relations

South Korea and Poland ink $5.8bn contract for tanks, howitzers

Hyundai Rotem and Hanwha Defense will export arms to NATO member

A K2 Black Panther tank manufactured by South Korea's Hyundai Rotem at the Seoul International Aerospace & Defense Exhibition in October.   © Reuters

SEOUL (Reuters) -- Two South Korean companies have signed a $5.76 billion contract with Poland to export tanks and howitzers, Seoul's arms procurement agency said on Saturday, after Warsaw agreed to ramp up arms imports amid tensions with Russia.

The contract, signed in Poland on Friday, is part of South Korea's biggest ever arms deal, clinched last month with Poland, which has been seeking to beef up its military in the face of Russia's invasion of neighboring Ukraine.

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