Korean lawmaker says Trump due to announce US investment details on Friday
A South Korean lawmaker said on Tuesday, while questioning the country's finance minister nominee, that U.S. President Donald Trump was due to announce details of Seoul's planned investment in the United States on Friday. Yoon Hu-duk, a lawmaker from the ruling Democratic Party (DP), made the assertion during the hours-long questioning of Lee Hyoung-il, in which he also asked about details of…
On Tuesday, South Korean lawmaker Yoon Hu-duk questioned the country's finance minister nominee about an upcoming announcement by U.S. President Donald Trump. Yoon claimed Trump would reveal details of South Korea's proposed $350 billion investment in the U.S. on Friday. During the lengthy questioning process, Yoon also inquired about specific projects discussed under the investment commitment.
Trump is set to announce Seoul's investment on the 18th, according to Yoon. Lee Hyoung-il, the nominee, stated that the matter was still under consultation and that he would comment once discussions concluded. Yoon listed projects reported in the media, which included a gas project in Texas, the construction of eight nuclear reactors, an Alaskan liquefied natural gas scheme, and the reprocessing of approximately 4,000 tons of nuclear material.
Additionally, Yoon mentioned a fifth project focused on carbon capture. However, Lee could not disclose further details.
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