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South Korea To Share Defense Procurement Information With U.S.

South Korea To Share Defense Procurement Information With U.S.

A new agreement between Washington and Seoul calls for South Korea’s Defense Acquisition Program Administration (DAPA) to share information about its defense procurement procedures and policies with the United States.The U.S. Commerce Department said the agreement, or memorandum of cooperation, will make it easier for small and midsize U.S. suppliers to register to do business with DAPA. And DAPA said the agreement will help it verify that those companies can deliver the goods and services they promise. Myoung-jin Chang, DAPA’s…

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