South Korea and Peru signed a framework agreement to supply 195 military vehicles, marking a key step in defense cooperation. The deal, announced Tuesday by Seoul’s presidential office, covers 54 K2 main battle tanks and 141 wheeled armored vehicles for the Peruvian Army.
The agreement brings together South Korean defense contractors, Peru’s state-owned defense firm, and the Peruvian Army. Officials said both countries will finalize binding contracts by next year.
If completed, this deal will introduce South Korea’s K2 tanks to Latin America for the first time, expanding its global defense exports beyond Europe.
Peruvian President Dina Boluarte hosted the signing ceremony. South Korea was represented by the head of the Defense Acquisition Program Administration. Officials confirmed ongoing talks to ensure smooth delivery schedules and operational support.
President Lee Jae Myung stressed the agreement’s strategic importance. He said, “Peru chose K-defense to strengthen its military and foster industrial growth. We must build a partnership that benefits both countries.”
Defense analysts said the 195 military vehicles will enhance Peru’s combat capabilities and support local defense industry development. The deal also opens opportunities for training, maintenance, and technology transfer collaborations.
With the framework in place, both governments aim to accelerate production and delivery timelines. Officials added that the deal will strengthen bilateral ties and encourage long-term industrial cooperation.
The 195 military vehicles agreement demonstrates Seoul’s growing role as a global defense exporter and Peru’s commitment to modernizing its armed forces efficiently. Both governments pledged to maintain transparency and deliver the vehicles on schedule.
