South Korea's Minister of Industry said that South Korea and the US need to resolve all outstanding issues left over from the 200 billion US dollar investment plan reached in bilateral tariff negotiations. At a time when South Korea is facing ongoing tariff pressure from the US, many bilateral trade issues remain unresolved. South Korea's Minister of Industry Kim Jeong-kwan arrived in Dallas, Texas on Sunday local time and made the above statement. South Korea reached a trade agreement with the US last year to reduce US tariffs on imported goods from 25% to 15%. In exchange, South Korea promised to invest 350 billion US dollars in the US. When asked if the relevant investment projects could be announced as early as the end of August, Kim Jong-kwan said that the two sides are currently negotiating details with this goal.

South Korea's Minister of Industry said that South Korea and the US need to resolve all outstanding issues left over from the 200 billion US dollar investment plan reached in bilateral tariff negotiations. At a time when South Korea is facing ongoing tariff pressure from the US, many bilateral trade issues remain unresolved. South Korea's Minister of Industry Kim Jeong-kwan arrived in Dallas, Texas on Sunday local time and made the above statement. South Korea reached a trade agreement with the US last year to reduce US tariffs on imported goods from 25% to 15%. In exchange, South Korea promised to invest 350 billion US dollars in the US. When asked if the relevant investment projects could be announced as early as the end of August, Kim Jong-kwan said that the two sides are currently negotiating details with this goal.