South Korea collaborates withVietnam in Shipbuilding Sector The HD Hyundai Vietnam Shipbuilding (HVS) was established in the year 1996 as a joint venture between Hyundai Mipo Shipbuilding and Vietnam National Shipping Corporation and is acknowledged as the first successful project of overseas expansion of the Korean shipbuilding industry. Initially it came into being as a
Turkiye Cancels Construction Deal It seems that as a reaction to Turkey’s unflinching support to Pakistan on the Kashmir issue India canceled a contract with a Turkish firm involved in a ship-building project in India .This cancellation took place while India was hosting the Chief of the Hellenic National Defense General Staff at a fighter
Diplomacy & Dollars The recent embrace between Turkiye (renamed at the UN) and Saudi Arabia culminated in a deposit of $ 5 billion by the Saudi Development Fund with the Central Bank of Turkiye whose net foreign exchange reserves had slumped to less then $ 20 billion this year .No conditions appear to have been
