Exclusive US Defense Firms Complain of Cleanup Drive
By Jung Sung-ki
Staff Reporter
Representatives from U.S. defense firms doing business here have discussed the idea of submitting a declaration of transparency to Cheong Wa Dae, amid Seoul’s crackdown on irregular weapons acquisition deals, an industry source said Friday.
During a meeting at the American Chamber of Commerce(AMCHAM) in Korea in Seoul, Tuesday, some of the executive officers complained that the proposed policy to fight corruption in arms deals was too rigid and not realistic, the source said, requesting anonymity.
Participants included representatives from Lockheed Martin, Boeing, Raytheon, Northrop Grumman and General Electric, he said. “The representatives were engaged in a debate over an arms acquisition policy that has been proposed by the government,” the source told The Korea Times.
“They put forward the idea of presenting a pledge of transparency to the presidential office as part of anti-corruption efforts but failed to reach an agreement.” In recent months, President Lee Myung-bak and other government officials have called for a new arms-buying me
Feb 19, 2010