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dFeeler.com based on the Republic of Korea is an interactive and independent private business web site open to every international business person for the positive development of Korean defense/military business on behalf of Korea.
As of 1998, the total of Korean military imports amounted at US$1.4 bil., the Republic of Korea, one of the biggest spenders on military items, ranking the third after the first Saudi Arabia (US$10.4 bil.) and the second Taiwan (US$6.3 bil.) according to IISS, England. (Oct. 1999)
(...Also refer to SIPRI Arms Transfers Project, updated 9 August 2001 at here and it's Country data as .pdf format)

However, a whopping amount of military imports like this seems not enough as a military deterrent, especially in terms of geographical location of R.O.K., to take up a stand-alone position against the present and clear threats from North Korea and other neighboring superpowers, so without responding sufficient and state-of-the-art military technologies, Korean could not be said to be really up to the accelerating expansions and upgrading of their assaulting powers in the name of defensive forces by North Korean and the other forces said above.


Considering what is peacefully in store for R.O.K. in their national security and passing through the next New Millennium as their jump-up start, Koreans deeply realize that now is the time to do something for their own future -oriented intelligence information system and more upgraded sophisticated military equipment.


Fortunately, with the military expenditures suspended for the past 2 years at home, the IMF system and the nationwide endeavors working out efficiently, Koreans are getting out their economic crisis with some kind of success, while Ministry of National Defense(MND) of Korea is trying to make Korean forces newly reborn as a better defense system fit in the future world for 10 to 15 years to come.


More than anything else, MND of R.O.K. has announced that the corruption and bribery should be absolutely cleared, which has been so often surfaced from Force Improvement Programs(an old name, Yul-Kok Project), continuously promoted since 1974, and to make the business more transparent and fairer, the authority is presently working on declassifying the previously classified items and all procurement process including its onset stages of military imports and getting them clearly open to the people of the Republic and the international businesspersons concerned. And presently it is effect.

Consequently, from now on, any lack of, and inaccessibility to, Foreign Weapon System Acquisition of MND, Korea may not have the international military manufacturers and suppliers excluded from joining in the business opportunities.


Meanwhile, Defense Procurement Agency has improved and simplified the details of regulations and procedures in the Commercial Bidding for Military Equipment and Spare Parts. Especially since 1999, the authority has introduced and operated a special consultant board of civilian experts on the items to make negotiation capabilities better during international contracts, which would lead to the definite preparation for DPA to be out of infamy of being incapable of making international negotiations and, therefore causing the national budget wasting under an extant WTO system meaning an unlimited global trade racing.


dFeeler.com is absolutely for the endeavors of DPA's changing itself toward a future idea. We are looking forward to being in aggressive cooperation with all military equipment manufactures, suppliers and other related businesses at home and abroad. And the government of Republic of Korea and MND guarantee that all joiners in Korean Defense/Military Business Market be given fair and equal opportunities with the cooperation by Korean Government and MND.

We hope dFeeler.com will do its best to share the concerned information with related authorities, companies and individuals on the nets in a real time and interactive way, and will make the business fairer, more transparent, more constructive, and more user-friendly.


Thank you.

Yang-Kyu Kim
President
mnetha@dfeeler.com
Copyright(c) 1999 - 2010 by Pamanong Trading Co. All rights Reserved.
dFeeler.com is an on-line service mark of Pamanong Trading Co.
For more information, e-mail:nhk@dfeeler.com or mail, Phone, or Fax to Pamanong Trading Co.