Indonesia proposes cutting payments for S.Korea fighter jet project, Yonhap reports


  • World
  • Monday, 06 May 2024

FILE PHOTO: A full-scale mockup of South Korea’s KF-X fighter jet is displayed at the Seoul International Aerospace and Defense Exhibition in Seongnam, South Korea, October 15, 2019. REUTERS/Josh Smith/File Photo

SEOUL (Reuters) - Indonesia has proposed to cut its share of payments for a joint fighter jet development project with South Korea to about one-third of the originally agreed amount, South Korean news agency Yonhap reported on Monday.

Indonesia recently suggested to the South Korean government that it would pay about 600 billion won ($442.47 million) for the KF-21 joint fighter jet project, Yonhap reported, citing multiple unnamed government sources.

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