South Korea’s Lee, Trump Welcome Progress in US Strategic Investment Projects
The leaders backed deeper security cooperation and continued talks on a $350 billion investment package, including shipbuilding, nuclear fuel and North Korea engagement.
- On Wednesday, South Korean President Lee Jae Myung met with U.S. President Donald Trump on the sidelines of the UN General Assembly in New York to discuss strategic investment projects.
- The meeting followed briefings by South Korea's Industry Ministry on a $350 billion investment package, which includes a Texas gas-fired power project and potential Alaska LNG ventures.
- National Security Adviser Wi Sung-lac reported the leaders welcomed "significant progress" on strategic projects, including discussions on nuclear fuel reprocessing, submarines, and wartime operational control transfer.
- Trump reaffirmed his willingness to engage in dialogue with North Korea, while Lee sought help advancing engagement with North Korean leader Kim Jong Un.
- Lee emphasized the upcoming US-China summit's importance for regional developments, as reports indicate Trump may personally announce South Korea's investment plans once final agreements are reached.
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Lee, Trump discussed shipbuilding cooperation, other topics in N.Y.: White House
A White House official said Wednesday South Korean President Lee Jae Myung and U.S. President Donald Trump discussed shipbuilding cooperation and other topics during a meeting on the margins of the U.N. General Assembly this week.
South Korea's president, Lee Jae-myung, and US president Donald Trump, celebrated significant progress in discussions on strategic investment projects during a 30-minute meeting on the margins of the UN General Assembly, informed the South Korean Presidency on Wednesday. The meeting took place after South Korea's Ministry of Industry presented to parliamentarians, on Tuesday, plans to implement the $350 billion investment package among countries…
U.S. President Donald Trump, in a meeting with South Korean President Li Jae Mene "on the fields" of Genassamble, announced his commitment to engage with the DPRK, reporting to Renhap, citing the South Korean National Security Adviser to Wi Sung Luck.
According to reports, the two leaders have agreed to maintain close communication to encourage the resumption of dialogue between North Korea and the United States.
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