06.09.2011 - 00:21 [ The Korea Times ]

Will Jeju naval base trigger arms race in Asia?

The debate continues to rage as to whether an envisioned naval base on Jeju Island will strengthen national security or spur an arms race in Northeast Asia, potentially making it a prime target for military retaliation.

The Navy is building a naval base with a budget of 977.6 billion won ($920.5 million) in Gangjeong, a village on the southern coast of the volcanic island.