Canada picks German firm for new submarine fleet, South Korean competitor loses out

In a closely watched outcome, Canada on Monday chose a major German defence contractor over its South Korean competitor to build a US multibillion-dollar fleet of submarines, as mid-tier nations increasingly work together in the face of a less reliable United States. Canadian Prime Minister Mark Car

South China Morning Post
75
2 min read
0 views
Canada picks German firm for new submarine fleet, South Korean competitor loses out

In a closely watched outcome, Canada on Monday chose a major German defence contractor over its South Korean competitor to build a US multibillion-dollar fleet of submarines, as mid-tier nations increasingly work together in the face of a less reliable United States.

Canadian Prime Minister Mark Carney said that Ottawa chose Thyssenkrupp Marine Systems’ (TKMS) package over Hanwha Ocean Company’s. The move was expected to strengthen ties between Canada and Nato, which is holding a two-day summit in Ankara, Turkey, starting on Tuesday.

“As part of our commitments to defend Canada and support our allies, I am pleased to announce that Canada has selected TKMS,” said Carney in Halifax shortly before heading to the summit in Ankara, before adding that there were still many other areas where Canada and South Korea can work together.

As US President Donald Trump has stepped up his criticism of Nato, undercut allies and destabilised trade ties, many of Washington’s closest partners have distanced themselves, building ties with other countries to explore trade and defence deals that circumvent the US.

“While South Korea will understandably be disappointed, it would be premature to infer from one decision, albeit a critical one, that Canada is privileging Europe over Asia in its foreign policy,” said Ali Wyne, senior adviser with International Crisis Group.

“The bigger story is that a growing number of countries, with Canada one of the most vocal, are working to de-risk from both the United States and China by strengthening security and economic ties among themselves.”

Share this article

Related Articles

To boost manufacturing, India need not choose between Japan and China
🇨🇳🇹🇼China vs Taiwan
South China Morning Post

To boost manufacturing, India need not choose between Japan and China

Last week, Japanese Prime Minister Sanae Takaichi led a business delegation to New Delhi for the 16th India-Japan annual summit. During last year’s summit in Tokyo, Takaichi’s predecessor, Shigeru Ishiba, and Indian Prime Minister Narendra Modi outlined the Japan-India Joint Vision for the next deca

लगभग ४ घंटे पहले2 min
Dear You: Beijing puts on movie night for diplomats to help them ‘better understand’ China
🇨🇳🇹🇼China vs Taiwan
South China Morning Post

Dear You: Beijing puts on movie night for diplomats to help them ‘better understand’ China

Beijing has staged a special screening of a blockbuster film that sparked a debate about propaganda in Southeast Asia for 150 foreign diplomats and their families to help them “better understand China”. Diplomats from 74 embassies, including Indonesia, Thailand, the United Arab Emirates and Peru, at

लगभग ४ घंटे पहले1 min
Samsung profits jump 1,800% as AI chip sales soar
🇨🇳🇹🇼China vs Taiwan
BBC News - Asia

Samsung profits jump 1,800% as AI chip sales soar

The firm's shares fell sharply on Tuesday as some investors had expected an even stronger performance.

लगभग ५ घंटे पहले3 min
Watch: Moment rare tornado lashes central Chinese cities
🇨🇳🇹🇼China vs Taiwan
BBC News - Asia

Watch: Moment rare tornado lashes central Chinese cities

Videos shared with the BBC show debris flying through the air as the storm swept through Ezhou and Huanggang in Hubei province.

लगभग ५ घंटे पहले1 min