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South Korea's Submarine Deal: $350 Billion Investment, No Nukes

12/5/2025

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Story summary
  • South Korean President Lee Jae Myung said the pursuit of nuclear-powered submarines does not involve nuclear weapons.
  • He emphasized respect for non-proliferation principles and the treaty allows nuclear technologies.
  • He described the $350 billion investment agreement with U.S. President Donald Trump as an achievement.
  • South Korea will domestically build submarines without U.S. construction or technology transfer.
  • U.S. President Donald Trump praised the deal for its potential to boost American shipbuilding.