MoU signed between India and South Korea
Q. Which country has signed an MOU for defence industry cooperation in shipbuilding with India in April 2017?- Published on 24 Apr 17a. South Korea
b. North Korea
c. Japan
d. China
ANSWER: South Korea
A MoU has been signed between India and South Korea for defence industry cooperation in shipbuilding.
Under the MoU, the two countries would recommend the organisations for collaborating in the implementation of specific projects.
The MoUs signed will be valid for a time period of 5 years and are automatically extendable for further successive five years at a time.
While South Korea is yet to name its recommended organisation, India has nominated Hindustan Shipyard Ltd (HSL), Visakhapatnam for the collaboration.
HSL and the nominated shipyard by South Korea will find and develop indigenous sources for the supply of majority of the material and equipment for the construction of the warship.
HSL has already teamed with Hyundai Heavy Industries to build five fleet support ships and two strategic operating vessels.
In addition to the above project, Kangnam Corporation of South Korea is slated to provide consultancy, design and technological assistance to India’s state-owned Goa Shipyard Limited in building 12 mine countermeasures vessels.
The cooperation is part of the ‘Make in India’ policy.
