South Korea asks to postpone parliament briefing on US investment plans
13 Articles
13 Articles
South Korea Delays U.S. Investment Briefing Amid Nuclear Stake Discussions
South Korea postponed a briefing on its U.S. investment plans, crucial to its $350 billion pledge tied to a trade deal with the U.S. Discussions include Seoul taking a stake in Westinghouse, which forms part of an investment strategy in nuclear reactor projects, pending previous consultations with Washington.
The government has canceled its report to the National Assembly regarding the first of its $350 billion (approximately 478 trillion won) investment projects in the U.S., which was scheduled for the 17th. Due to the postponement of the report, it is highly likely that the signing of the ‘Korea-U.S. Strategic Investment Memorandum (MOU)’ and the announcement of the U.S. investment projects, which were expected on the 18th, will also be delayed. On…
(Seoul = Yonhap News) Reporter Jang Bo-in = It has been confirmed that the report to the National Assembly regarding the government's first $350 billion investment project in the U.S., which was scheduled for the upcoming 17th, has been postponed...
It was reported on the 16th that the government has postponed its report to the National Assembly regarding the first investment project in the U.S., which was scheduled for the 17th. Consequently, the signing ceremony for the investment Memorandum of Understanding (MOU) between the South Korean and U.S. governments, scheduled for the 18th, is also expected to be delayed. Analysts suggest that the two countries are struggling to narrow their dif…
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