Seoul, Nov 16 (TIWN) South Korea seeks to stage a large-scale military parade next year to mark the Armed Forces Day, a Defence Ministry official said on Tuesday, in what could be a major show of force just months after the launch of the country's next administration.

The ministry has set aside 7.98 billion won ($6.75 million) for the parade likely to showcase the nation's state-of-the-art military hardware, though a final decision would be made by the new government to be launched in May, the official said.  "We are considering holding a parade next year, but no decision has been finalized yet," the official told Yonhap News Agency on condition of anonymity.  The ministry used to hold a major military parade every five years. But it held a scaled-down event in 2018 amid peace efforts with North Korea, marking a stark contrast to the 2013 edition showcasing an array of the country's formidable weapons.