South Korea will brief the National Assembly on Sept. 22 on its US$350 billion U.S. investment program, including up to US$200 billion in strategic investment and annual remittances capped at US$20 billion. The Encinal combined-cycle gas power plant in Texas is under strong consideration as the first project, while consultations continue over Alaska LNG, nuclear power and funding terms. Seoul and Washington remain divided over whether profits and losses should be pooled across projects or settled separately, and over binding commitments for commercially uncertain investments. The briefing was postponed from Sept. 17 as negotiations continued, days after Foreign Minister Cho Hyun and U.S. Secretary of State Marco Rubio met in Washington on Sept. 18 without reaching a final agreement.