Seoul’s shipbuilding bargain outlives the deal that created it

South Korea formally activated the institutional machinery behind its US$150 billion shipbuilding pledge to Washington this week.
Ship yard of Daewoo Shipbuilding & Marine Engineering (DSME)

South Korea formally activated the institutional machinery behind its US$150 billion shipbuilding pledge to Washington this week, launching the Korea-US Strategic Investment Corporation from a headquarters in Sejong.

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