south korea to cut naro rocket launch payment to russian partner
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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South Korea to cut Naro rocket launch payment to Russian partner

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Arab Today, arab today South Korea to cut Naro rocket launch payment to Russian partner

Moscow - Yonhap

South Korea is moving to cut launch-related payment due to its Russian partner by around US$4.2 million to reflect the two failed launches of the Naro-1 rocket, an official source said Thursday.Cho Gwang-rae, head of Korea Aerospace Research Institute's (KARI) Naro rocket launch team said Seoul has decided to "retain" 2 percent of the $210 million it agreed to give Russia's Khrunichev State Research and Production Space Center.

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south korea to cut naro rocket launch payment to russian partner south korea to cut naro rocket launch payment to russian partner

 



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