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The Economic Times
The Economic Times
National

Trump, Lee hail progress on $350 billion US-South Korea investment talks

Seoul: South Korean President Lee Jae Myung and US President Donald Trump welcomed "significant progress" in discussions on strategic investment projects during a 30-minute meeting on the sidelines of the UN General Assembly, Seoul's presidential office said on Wednesday.

The meeting came after South Korea's Industry Ministry briefed lawmakers on Tuesday on implementation plans under the countries' $350 billion investment package, including a Texas gas-fired power project identified as a potential first investment, as well as possible investments in nuclear energy and an Alaska LNG project.

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