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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Moscow - TASS
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