Japan and the US will exchange a memorandum of understanding to enhance shipbuilding capabilities, targeting China!
Hayashi Hayato will start the Japan-US summit meeting with the US president on the 28th. In response to the reality that China's shipbuilding industry is continuously expanding its global market share, the two countries are preparing to jointly respond, and plan to exchange a memorandum of understanding to enhance shipbuilding capabilities during this meeting.
The memorandum states that in recent years, considering that China has significantly increased its global market share in shipbuilding, it is necessary to reduce dependence on specific countries, avoid obstacles in maritime transport in the event of an accident. Therefore, while setting up working groups and strengthening cooperation, Japanese and US companies will increase investments in shipyards in both countries to improve competitiveness and efficiency.
Original: www.toutiao.com/article/1847082420503564/
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