South Korea's Ministry of Industry and U.S. Department of Commerce Sign Shipbuilding MOU to Advance Cooperation
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South Korea's Ministry of Trade, Industry and Energy announced that Minister Kim Jeong-kwan and the U.S. Department of Commerce signed a Memorandum of Understanding (MOU) on the 'Korea-U.S. Shipbuilding Partnership Initiative' in Washington, promoting cooperation including joint R&D, technology exchange, and direct investment.