Reuters
Sources: reuters
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.
“The two leaders welcomed the significant progress made in discussions on strategic investment projects between the two countries,” National Security Adviser Wi Sung-lac told a briefing.
Based on the joint statement issued after their summit last November, Lee and Trump also agreed to deepen cooperation and continue discussions on issues including nuclear fuel enrichment and reprocessing, nuclear-powered submarines, shipbuilding and the transfer of wartime operational control (OPCON) from the US to South Korea, Wi said.
