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US urges North Korea to suggest $350B investment plans
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The United States has asked South Korea to propose investment projects exceeding $350 billion, according to a trade agreement signed between the two countries last year. South Korea is currently in final negotiations with Washington to ensure that actual commitments do not surpass this amount, with possible inclusion of projects such as the gas-fired power plant in Texas, the construction of eight nuclear reactors, and the liquefied natural gas (LNG) project in Alaska within the agreement. The Korean government is scheduled to brief the parliament on the details of the negotiations on September 17, and a memorandum of understanding is expected to be signed on September 18.
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