By JUNG SUNG-KI
SEOUL — South Korea is set to export its light combat aircraft to the Philippines, as the leaders of both countries agreed to bolster cooperation in the defense industry.
President Park Geun-hye and her Philippine counterpart Benigno Aquino III signed a memorandum of understanding that calls for greater cooperation in the arms industry as part of efforts to further cement economic ties between the two nations.
“President Park expressed gratitude for Manila’s selection of the FA-50 as the candidate for the Philippine jet acquisition program, and she hoped that a final contract would be signed at an early date,” a presidential spokesman said.
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