Seoul, May 10 (IANS) South Korean Industry Minister Kim Jung-kwan met US Commerce Secretary Howard Lutnick and other senior American officials to discuss strategic investment projects and ways to enhance bilateral cooperation in energy, shipbuilding and other key sectors, the industry ministry said on Sunday.During a four-day visit to Washington, Kim met with Lutnick and explained South Korea’s progress in drafting follow-up regulations and establishing an implementation framework following the …
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Washington, Feb 14 (IANS) US President Donald Trump’s administration has unveiled an action plan to rebuild America’s shipbuilding industry, pledging to continue “historic” cooperation with South Korea and Japan, and proposing a strategy enabling the first ships in a contract to be built in an allied foreign shipyard.The White House released “America’s Maritime Action Plan,” as Seoul and Washington are pushing to strengthen cooperation under the former’s “Make American Shipbuilding Great Again (…