Korea and Peru signed a framework agreement on the 9th (local time) to supply a total of 195 ground platforms, including the domestically produced K2 tank and the K808 wheeled armored vehicle, the presidential office said. Price talks will continue until next year, when the execution contract is signed, so the amount has not been finalized, but the presidential office expects it will be the largest defense industry export to Latin America.
Hyundai Rotem and the Peruvian government signed the agreement at the Army headquarters in Lima, the capital of Peru, on the day, with Peru President Jose Jerí presiding. From the Korean government, Defense Acquisition Program Administration Commissioner Lee Yong-chul attended. The framework agreement is said to include specific quantities, budget, and local training plans. If the deal goes through, it will mark the first entry of the K2 tank, which is targeting Europe, into Latin America.
President Lee Jae-myung said, "I sincerely congratulate the signing of the framework agreement on ground platforms with Peru," adding, "I hope this will serve as an opportunity to dramatically upgrade the two countries' defense and defense industry cooperation." He added, "As Peru has chosen the K-defense industry to strengthen its capabilities and develop its own industry, the two countries should create a defense industry cooperation model that allows both to thrive."