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flag South Korea and Indonesia agree to cut Indonesia's payment for the KF-21 fighter jet project to $443M.

flag South Korea and Indonesia have finalized a deal reducing Indonesia's financial contribution to the KF-21 fighter jet project from 1.6 trillion won to 600 billion won (US$443 million). flag The reduction comes after Indonesia failed to meet initial payment deadlines. flag The agreement also addresses technology transfer details, and both countries hope this will help the project regain momentum.

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