South Korea Ruling Party Introduces Bill to Create Fund to Finance $350 Billion U.S. Investment

South Korea ruling party introduces Bill to create fund to finance $350 billion U.S. investment

South Korea has pledged $250 billion to be invested in strategic U.S. industries and $150 billion in projects to modernise the American shipbuilding industry

Currency stability becomes test of credibility for US-South Korea alliance

The South Korean government announced the submission of the Special Act for the Management of U.S.-ROK Strategic Investment on Wednesday, which exposes a new risk structure in the alliance because its execution depends on the stability of the Korean won. If the won depreciates, as it has been doing so for the past few weeks, […] The post Currency stability becomes test of credibility for US-South Korea alliance appeared first on Korea Pro.

South Korea Introduces Bill To Finance $350 Bln U.S. Investment

South Korea’s ruling Democratic Party introduced a bill on Wednesday to establish a special fund to finance $350 billion of investment in the U.S. committed under a deal with Washington to cut U.S. tariffs on its exports, the Industry Ministry said. The bill, which was written in consultation with the government, fulfils the condition for […] The post South Korea Introduces Bill To Finance $350 Bln U.S. Investment appeared first on StratNews Glo…

South Korea’s ruling party introduces bill to create fund to finance US$350 billion US investment

South Korea’s ruling Democratic Party introduced a bill on Wednesday to establish a special fund to finance US$350 billion of investment in the US committed under a deal with Washington to cut...