Trump claims again S. Korea to invest in Alaska LNG project under trade deal
WASHINGTON — U.S. President Donald Trump said Wednesday that South Korea will invest $50 billion in a massive liquefied natural gas (LNG) project in Alaska as part of an investment agreement with Washington, despite uncertainty over Seoul's participation. "This 50 Billion Dollar Infrastructure Investment from The Republic of Korea is part of their Trade and Investment Deal with me," Trump wrote…
U.S. President Donald Trump asserted on Wednesday that South Korea will contribute $50 billion towards an expansive liquefied natural gas (LNG) project located in Alaska, as part of a trade and investment deal with Washington. Despite ambiguity surrounding Seoul's involvement, Trump's claims continued to assert South Korea's commitment, as evidenced by his Truth Social post following his visit to Alaska for a campaign rally.
He emphasized that this $50 billion investment is a component of their trade and investment agreement. Trump's statements echoed throughout the week, reaffirming South Korea's involvement, and Taiwan's $4.4 billion equity contribution, which he deemed the "greatest project in Alaska history." The White House Press Secretary further reinforced the figure of $54 billion tied to the Alaska LNG project as part of a South Korean energy investment package.
Trump also unveiled a broader South Korea energy investment package potentially reaching $200 billion.
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.
