$350 Billion U.S. Investment Talks Advance as Kim Jung-kwan and Lutnick Discuss MASGA

The South Korean and U.S. governments held high-level consultations in Washington, D.C., to discuss U.S.-bound investment projects tied to last year’s trade agreement. The Kim Jung-kwan side and the Lutnick side reviewed investment issues presented at $350 billion, or about 523 trillion won, and reportedly set MASGA in motion. The meeting is seen as part of efforts by both governments to refine implementation of the agreement and coordinate follow-up steps for the investment projects. As talks on the large-scale investment move forward, attention is turning to their impact on related industries and bilateral economic cooperation. Source: yna.co.kr