Korea expects faster progress in security talks with US following investment announcement
Korea expects progress in its security consultations with the United States to accelerate following the announcement of major Korean investment projects in the U.S., Seoul's foreign ministry said Thursday. U.S. President Donald Trump on Wednesday (U.S. time) announced details of Korea's planned $200 billion investment in the U.S., part of a broader $350 billion commitment agreed by the two sides…
Seoul's foreign ministry announced on Thursday that Korea anticipates swifter progress in its security consultations with the United States following the disclosure of substantial Korean investment projects in the U.S. President Donald Trump revealed the specifics of South Korea's projected $200 billion investment in the U.S. on Wednesday, as part of a broader $350 billion commitment the two nations committed to last year in exchange for reduced U.S. tariffs on Korean goods.
This framework was detailed in a joint fact sheet released in November, following a summit between President Lee Jae Myung and Trump in October, which also addressed security-related matters. These included Korea's ambition to develop nuclear-powered submarines and its efforts to secure rights for uranium enrichment and spent nuclear fuel reprocessing.
At the most recent summit in New York, the leaders concurred that the two countries should expedite discussions on all pending issues outlined in the joint fact sheet, including security matters, according to Park Doo-soon, a spokesperson for the ministry.
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.
This story
This is one outlet's version. Read the fullest account.
