KOTRA Signs Second G2G Export Contract with Estonia for Chunmoo System

Additional Order Secured Just Five Months After Initial Contract
K-Defense Systems Proven in Harsh Winters Now a Key Security Asset in Northern Europe

The Korea Trade-Investment Promotion Agency (KOTRA) announced on May 11 that it has signed a government-to-government (G2G) export contract with the Estonian Centre for Defence Investments (ECDI), an agency under the Estonian Ministry of Defence responsible for the acquisition of defense materials, for the additional supply of the Chunmoo Multiple Launch Rocket System.

A G2G contract is a form of agreement in which KOTRA acts on behalf of or jointly with domestic companies as a contracting party for the supply of defense and general goods. For the purchasing government, the contract enhances stability, while for the exporting company, it allows for more favorable supply conditions.

Through this contract, Hanwha Aerospace is scheduled to supply three Chunmoo launchers and related support equipment to Estonia by the end of 2027.

Previously, in December last year, KOTRA signed a comprehensive agreement with Estonia to supply the Chunmoo system over the next 10 years, establishing a sustainable mid- to long-term export foundation. At the same time, a first G2G export contract was signed for the supply of six Chunmoo launchers and three types of missiles, valued at approximately 300 million euros (about 500 billion KRW). This additional order has been achieved just five months after the initial contract.

Since 2020, Estonia has successfully operated Korean-made K9 self-propelled howitzers, and the country has given high marks to the excellence and durability of Korean weapon systems, particularly their proven performance in the harsh climate conditions of Northern Europe near the polar region.

Estonian Minister of Defence Hanno Pevkur stated before the signing, "This additional introduction of multiple rocket launchers will serve as an opportunity to further enhance Estonia's defense capabilities," adding, "We will continue to expand cooperation with our defense partners in the Republic of Korea."

Kang Kyung-sung, President of KOTRA, commented, "The successful conclusion of this additional contract in such a short period is not only a testament to the outstanding performance of our weapon systems but also reflects the deep trust the Estonian government has in the Korean defense industry. Going forward, we will strengthen 'Team Korea' collaboration with companies, embassies, and specialized agencies to focus our efforts on expanding K-Defense exports, so that the Republic of Korea can become one of the world's top four defense powers."

This content was produced with the assistance of AI translation services.