India, South Korea sign agreement to build warships
Posted on:24 Apr 2017 17:36:23
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24 April 2017 Current Affairs:
India and South Korea inked a memorandum of understanding with India to cooperate in shipbuilding for military use.
The memorandum was signed by both India's secretary of defence production, Ashok Kumar Gupta, and South Korean Minister of Defense Acquisition Program Administration Chang Myoung-jin in India "for Defence Industry Co-operation in Shipbuilding,"
India has chosen state-owned Hindustan Shipyard Limited, or HSL, to cooperate with a shipyard nominated by South Korea.
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