Latest Korea-U.S. Shipbuilding Partnership Center News & Updates

South Korea, US Sign MOU to Boost Shipbuilding Cooperation

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Washington, May 9 (IANS) South Korea and the United States have signed a memorandum of understanding (MOU) to advance bilateral shipbuilding cooperation, an agency of the U.S. Commerce Department said, as Seoul has committed to help revitalise the U.S. shipbuilding sector as part of a bilateral trade agreement.Park Jung-sung, deputy minister for trade at Seoul’s Ministry of Trade, Industry and Resources (MOTIR), and U.S. Under Secretary of Commerce for International Trade William Kimmitt inked t…