East China Sea Current Affairs - 2020

Category Wise PDF Compilations available at This Link

India-South Korea hold meeting to enhance Bilateral Security Cooperation

On January 4, 2020, the defence ministers of India and South Korea discussed ways to enhance bilateral security cooperation in the field of defence industries and research and development.

Highlights

During the defence ministers meet held between India and South Korea, several possible areas of cooperation in the field of defence industry were listed. The countries also discussed about investment in Defence Industrial Corridors in Tamil Nadu and Uttar Pradesh.

Defence Industrial Corridors

The Government of India has set up Defence Industrial Corridor in Uttar Pradesh and Tamil Nadu. The Corridors facilitate efficient industrial base and aims at increasing defence production in the country. They aim at ensuring connectivity between different defence industrial units.

The Uttar Pradesh Defence Corridor aims to connect six cities namely Kanpur, Lucknow, Agra, Chitrakoot, Jhansi and Aligarh. Tamil Nadu Defence Corridor includes five cities namely Hosur, Salem, Chennai, Trichy and Coimbatore.

Significance

It is essential for India to maintain cordial relations with South Korea for its strategic location in China Sea. Also, India is currently developing strong military hardware cooperation with South Korea. Indian Army has inducted K-9 Vajra howitzers that has roots in South Korea. K9 is currently deployed in the border of Pakistan.

Get these updates on Current Affairs Today Android App

China hikes defence budget by 7.5%

China has increased its defence budget by 7.5 per to $177.61 billion up from last year’s $165 billion. The 2019 Defence Budget of China stood at 1.19 trillion yuan (about $177.61 billion) which is three times the Indian Defence Budget.

China’s Defence Budget

  • China’s Defence Budget growth rate stood at 7.6 per cent in 2016, 7 per cent in 2017 and 8.1 per cent in 2018.
  • China’s defence spending at $177.61 billion makes it the highest spender on defence after the United States.
  • China is equipping its People’s Liberation Army with state-of-the-art hardware, spending heavily on stealth warplanes, aircraft carriers and other weaponry.
  • The Chinese government has stated that the increased spending will “strengthen military training under combat conditions, and firmly protect China’s sovereignty, security, and development interests.”
  • China has also resorted to major reforms of its military, which included giving priority to expanding its navy and air force to enhance its influence abroad.

Increases Budget a Cause of Worry?

China is demonstrating a more posture towards Taipei and China is facing competing claims in the South China Sea from Vietnam, the Philippines, Brunei, Malaysia and Taiwan together with a territorial dispute with historic rival Japan in the East China Sea. Hence increased Defence Budget of China may be a precursor to a more aggressive stance against its neighbours.

China has termed the increase in the defence budget as reasonable and appropriate aimed at meeting the country’s demand in safeguarding national security and military reform with Chinese characteristics. China also argues that China’s defence budget at 1.3 per cent of the GDP is much less than major developing countries which spend two per cent GDP on their defence.

China also states that whether a country is a military threat to others or not is not determined by its increase in defence expenditure, but by the foreign and national defence policies it adopts.

Get these updates on Current Affairs Today Android App