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S. Korea, U.S. sign MOU to advance shipbuilding cooperation

South Korea and the United States have signed a memorandum of understanding to deepen bilateral shipbuilding cooperation, establishing the Korea-U.S. Shipbuilding Partnership Initiative. The agreement supports Seoul's pledge to invest $150 billion in the U.S. shipbuilding sector as part of a broader trade deal. Industry Minister Kim Jung-kwan also discussed investment timelines and denied South Korea is lagging behind Japan in implementing its commitments.

1 outlet · 5 articles May 8, 2026

(LEAD) S. Korea, Japan hold 1st vice ministerial-level '2+2' security talks

South Korea and Japan held their first 'two-plus-two' vice-ministerial security talks in Seoul, upgrading consultations from the director-general level. The meeting focused on bilateral and trilateral security cooperation with the U.S., amid regional tensions and the Middle East crisis. Seoul also clarified it is not considering a military logistics agreement with Tokyo, despite Japan's reported interest.

1 outlet · 4 articles May 7, 2026