Korean lawmaker says Trump due to announce US investment details on Friday
A 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. Rep. Yoon Hu-duk, a lawmaker from the ruling Democratic Party of Korea (DPK), made the assertion during the hours-long questioning of Lee Hyoung-il, in which he also asked about…
On Tuesday, Korean lawmaker Rep. Yoon Hu-duk questioned the country's finance minister nominee, Lee Hyoung-il, about an upcoming U.S. investment announcement in Seoul. According to Yoon, U.S. President Donald Trump is scheduled to reveal details of South Korea's proposed $350 billion investment in the United States on Friday. During the lengthy questioning, Yoon also inquired about the specifics of projects under consideration.
The nominee for finance minister, Lee, stated that the matter was still under consultation and that he would provide a comment once discussions were finalized. Yoon further mentioned that reported projects included a gas project in Texas, the construction of eight nuclear reactors, an Alaskan liquefied natural gas scheme, and a project involving the reprocessing of around 4,000 tons of nuclear material, as well as carbon capture initiatives.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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