South Korea increased next year's defense budget by 4 percent to 39 trillion won (35 billion US dollars), higher than a 3-percent rise in overall budget in 2016.
"(South Korea) will strengthen defense capability, with a focus on the anti-North deterrence, to effectively respond to possible provocations from North Korea (DPRK) and other security destabilizing factors surrounding the Korean peninsula," Park said during her third annual budget address at the National Assembly headquarters.
Citing the escalation in August of cross-border military tensions, Park said that the door can be opened to normal dialogue and cooperation with Pyongyang only when Seoul "maintains a watertight defense posture" based on a firm principle.
The landmine explosion in frontline areas, which maimed two South Korean soldiers, and the rare exchange of fire across the border had pushed the two Koreas in August to the brink of armed conflict.
The South Korean leader also pledged all-out efforts to work with the DPRK to regularly hold family reunions for those separated by the 1950-53 Korean War.
After top-level military dialogue between Seoul and Pyongyang in late August to defuse cross-border tensions, an agreement was reached to hold the Oct. 20-26 family reunion in the DPRK's Mount Kumgang resort.
President Park said the reunion event, which wrapped up on Monday, was "a small progress" to achieve peaceful reunification on the peninsula and cure the pains of divided families.
The South Korean government will make "all possible efforts" to regularly hold the humanitarian event and check whether their relatives on the other side of the border are still alive, Park noted.
Xinhua - globaltimes.cn
27/10/15
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