Lack Of Movement On U.S. License Stalling Deal For Taurus Cruise Missiles

South Korea's long-term plans have been affected by the U.S. failure to approve the export of a key GPS system for Seoul's planned purchase of Taurus cruise missiles, reports the Yonhap news agency (Seoul).

Washington has pushed back a decision on the export of the military GPS receiver for the German-made missiles, which are intended for South Korea's fighter jets, said Korean officials.

The decision is unlikely until after August, which could delay Seoul's plan to field the...