Korean Talks
Image default
Finanace

Defense minister makes pitch for S. Korea’s bid to secure Canada’s submarine project

Defense Minister Ahn Gyu-back has made an emphatic pitch for South Korea’s bid to win Canada’s high-profile submarine procurement project during talks with his Canadian counterpart in Ottawa, saying the Asian country’s participation in it would serve as a “turning point” for bilateral defense cooperation. Ahn and Canadian Defense Minister David McGuinty met on Wednesday (local time), hours before the “two-plus-two” meeting of the two countries’ defense and foreign ministers amid Seoul’s stepped-up push to secure the Canadian Patrol Submarine Project, estimated at 60 trillion won ($41 billion). “Minister Ahn emphasized that the Republic of Korea’s participation in the next-generation submarine project, which Canada has been pushing for, will go beyond just a simple arms export to serve as a turning point that will substantially develop bilateral defense and arms industry cooperation,” the defense ministry said in a release. “He also underscored that South Korea can be the best choice for Canada, which is seeking a mid- and long-term partnership as mentioned in its Defense Industrial Stra

Related posts

Nearly 4 in 10 firms participating in RE100 initiative face difficulties in sourcing renewable power

Claire R. Peck

Lions pitcher Manning leaves camp for testing on ailing elbow

Claire R. Peck

Will beauty be next industry where China competes with Korea?

Claire R. Peck