SEOUL (Reuters) -South Korea’s presidential office said on Tuesday it is in talks with China to minimise the impact of Beijing’s sanctions on shipbuilder Hanwha Ocean’s U.S.-linked subsidiaries.
It sees limited impact from the sanctions against Hanwha, but will need to analyze further to assess impact on the MASGA (Make American Shipbuilding Great Again) project, the office said in a statement.
(Reporting by Heejin Kim and Cynthia Kim; Editing by Joe Bavier)