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As S. Korea launches new submarine, President Moon stresses 'peace through strength' Updated: 2018-09-14 18:01:09 KST

This is the first three-thousand ton submarine South Korea has made.
It's 83 meters tall and 10 meters wide.
President Moon Jae-in, at its launching ceremony, hailed South Korea's technological advances, noting that just half a century ago, South Korea couldn't make even a single rifle.
Though he'll be seeking peace when he meets next week with North Korean leader Kim Jong-un, he said a strong military is needed too.

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"Peace isn't just given to us. We have to create and maintain it ourselves. "Peace through strength" is the unwavering security strategy of our government. Our path to peace will include a strong military and national defense."
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President Moon said the launch of the new sub, named the Dosan Ahn Chang-ho, after a much-admired Korean independence activist, signifies a leap foward for the defense industry.
The entirely Korean-made submarine cost Daewoo Shipbuilding and Marine Engineering some 9-hundred million U.S. dollars, excluding ballistic missiles and torpedoes.

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"The sea is part of our security, our economy and the lives of our people. We are a maritime country that owes its development to the sea as the avenue for 99.7 percent of our imports and exports."
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The President noted also that as of August, the amount of shipbuilding orders South Korea has won rose by 101 percent from a year earlier, and that it commands 33 of the world's 38 supertankers.
The country's global market share in shipbuilding also increased to 42.4 percent, putting it back in first place.
Calling for a return to Korea's maritime strength, President Moon vowed to rebuild the nation's shipbuilding, starting with the small city of Geoje.
Cha Sang-mi, Arirang News.
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