Korea to Join European Satellite Radio Navigation Program

South Korea is looking to participate in the Galileo project, the satellite radio navigation program by the EU, as backup for the U.S.-led GPS it currently uses.
During the fourth science-related ministers' meeting on 24 Februari, the government decided to join the European project, which will enable people to pinpoint positions of objects within 1 metre.
Toward that end, the Ministry of Science and Technology (MOST) plans to present its intent to the EU as early as next month with the aim of sealing the agreement this year.
Korea will be required to contribute at least € 5 million (6.7 billion won) to be a part of the multi-billion euro Galileo program.