Korea decides on 1st US investment project, draws up plans for 2 others

Korea has selected its first project under the $350 billion U.S. investment pledge and has drafted plans for two additional projects, as both countries finalize the details of their investment agreement. Industry Minister Kim Jung-kwan presented the National Assembly's Trade, Industry, Energy, SMEs and Startups Committee with the details of the chosen project after reviews by committees chaired by the industry and finance ministers.

Kim also announced that the government has prepared implementation plans for two other projects, which have not yet been approved but align with shared interests between Korea and the United States.

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