The trilateral cooperation between the United States, South Korea, and Greece is progressing with plans to strengthen the shipbuilding sector, which is vital for national security and economic growth. Development Minister Takis Theodorikakos and Maritime Affairs Minister Vassilis Kikilias, along with ONEX President Panos Xenokostas, are set to visit Washington to attend a key agreement signing that is aimed at reinforcing the defense industry in Greece.

The initiative focuses on a collaboration with Hanwha Ocean, a prominent South Korean shipbuilding group. This partnership is expected to not only enhance the military capabilities of Greece but also upgrade the local infrastructure and attract considerable investments. The involvement of ONEX Shipyards reflects the growing domestic interest in high-tech maritime projects and potential job creation within the region.

The trip triggered by an invitation from the US Ambassador comes at a crucial moment, where strengthening alliances and boosting local industries are essential for economic resilience. As Greece continues to navigate geopolitical challenges in the Eastern Mediterranean, this collaboration could serve as a pivotal step in establishing the country as a significant player in the international maritime landscape.