Industry Minister Kim Jung-kwan said South Korea and the United States have made significant and meaningful progress in talks on Korea's strategic investment projects in the U.S., with final agreement expected next month after two days of meetings with U.S. Commerce Secretary Howard Lutnick. Discussions focused on the energy sector and resolved a wide range of issues, with a virtual meeting planned for next month and the outcome likely to be announced in September. Kim also met U.S. Trade Rep. Jamieson Greer to reaffirm the 15% cap on tariffs and noted that trade negotiations are now led by him following the dismissal of former chief trade negotiator Yeo Han-koo last week. Last year, Seoul and Washington reached an agreement on a $350 billion investment pledge.