Blue House Expects More Concrete Cooperation After Partial Approval of Overseas Construction for U.S. Navy Ships

[Financial News] The Blue House said on the 14th that it expects South Korea and the United States to further develop their shipbuilding cooperation after U.S. President Donald Trump partially allowed foreign shipbuilders to construct U.S. Navy vessels in the United States.
A Blue House official said on the day, "The U.S. administration is understood to be continuing specific measures through this memorandum to rebuild the United States' shipbuilding industry." The official added, "Since the two presidents share common ground on mutually beneficial cooperation in shipbuilding, we hope to continue refining cooperation measures through consultations between the two countries."
Earlier, on the 13th local time, U.S. President Donald Trump directed that foreign shipbuilders that have invested in the United States be allowed to build two U.S. Navy ships at their home-country shipyards. As a result, Hanwha Group, which owns Hanwha Philly Shipyard in Philadelphia, is also being mentioned as a possible beneficiary of the measure.
[email protected] Choi Jong-geun Reporter