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defense spending

Lee tells Wall Street investors ‘halt’ in North Korean nuclear program will reduce security risks

President Lee Jae Myung told Wall Street investors that halting North Korea’s nuclear expansion would cut security risks. He paired the message with a market pitch, defense assurances, and planned corporate governance reforms.

U.S. may require South Korea to spend 5% of GDP on defense

The U.S. may require South Korea to align with NATO’s 5% GDP defense spending guideline, prompting renewed debate over cost-sharing and military priorities.

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