South Korea’s $200 billion US investment deal remains uncertain

  • South Korea and the United States remain divided over a $200 billion investment agreement.
  • The Industry Ministry postponed a lawmakers’ briefing on the plan’s first project.
  • Foreign Minister Cho Hyun played down concerns about a rift before departing for Wash.

An agreement expected this week on South Korea’s $200 billion investment commitment in the United States remains unsettled as Seoul and Washington work through disputes over nuclear projects, funding schedules and the allocation of investment risks. Uncertainty increased after the Industry Ministry postponed a briefing to lawmakers on the plan’s first project, prompting speculation that negotiations had stalled. Foreign Minister Cho Hyun sought to downplay concerns about a rift before departing for Wash.

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South Korea’s $200 billion US investment deal remains uncertain - CoinPost Terminal