10 Oktober 2011
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(Reuters) - Daewoo Shipbuilding & Engineering said on Monday that it aimed to seal a $1.1 billion agreement with the Indonesian government by November to build three submarines.
The South Korean shipbuilder said in a statement that this would mark the first exports of submarines from the country.
The South Korean shipbuilder said in a statement that this would mark the first exports of submarines from the country.
"We have launched talks to sign a submarine contract with Indonesia's defense ministry and marine," Daewoo said in a statement.
(Reuter)
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