SEOUL, Dec. 1 ( Yonhap) - South Korea will end this month a plan to build three new Aegis destroyers , which will help respond to threats from North Korea and other regional security issues , according to a military source said on Sunday .

This source , who wishes to remain anonymous , said the plan will be finalized on 22 December at a meeting of the Joint Chiefs .

South Korea already has three Aegis ships , belonging to King Sejong the Great class, measuring 165 meters in length and feature a water displacement of 9,000 tons. These ships , equipped with the latest technology phased array radars and other sensors can detect all types of air and naval threats, both surface and submerged , allowing the country to project power beyond South Korean waters .

The plan , which had been postponed to not be considered urgent , was resumed after the declaration of the new Area Air Defense Identification ( ADIZ , according to its acronym in English ) by China on 23 November , which overlaps the airspace of South Korea and Japan .

Seoul asked China to reconsider this move, but Beijing refused to make changes , arguing that the new ADIZ does not have to target South Korea .

Moreover , once these three ships are operating , South Korea will create three or four mobile squads to defend their territories , as Dokdo islets in the East Sea and Ocean Research Station Ieodo . A mobile squad may be formed by two Aegis destroyers , two children Chungmugong class destroyers Yi Sun -shin , one supply ship and two submarines of new generation , with the possibility of being supplemented with 16 helicopters and maritime reconnaissance aircraft as P- 3C Orion .

The construction of these three destroyers cost 3 trillion won ($ 2.8 billion) , and will end between 2022 and 2028 .

Spain, a bridge to Latin America

mapa espana latinoamericaSpain has invested heavily in Latin America. During the last few decades, its companies have become some of the biggest investors in the continent, making Spain the most important investor in the region immediately after the United States. In addition, Spain has always been essential in the relations between Europe and Latin America.

For that reason, the Chamber will make one of its most important core activities the creation of a commercial and cultural links...

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