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US, Korea Hail ‘Significant Progress’ on $350 Billion Trade Deal

Source: Bloomberg

Trade Policy & Supply ChainEnergy Markets & PricesInfrastructure & DefenseGeopolitics & War

Donald Trump and South Korean President Lee Jae Myung reported significant progress in implementing a long-delayed bilateral investment agreement. Seoul lawmakers identified a $22.3 billion gas-fired power project in Texas as the first investment, potentially supporting U.S. energy infrastructure and deepening U.S.-South Korea economic ties.

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