Reported about 11 hours ago
South Korea and the US are concentrating on the structural aspects of a proposed $350 billion investment from Seoul, according to Finance Minister Koo Yun Cheol. The discussions revolve around balancing direct investments, loans, and guarantees, with the possibility of a currency swap hinging on the final structure of the deal. Amid concerns over the weakening Korean won and trade tariffs, officials aim to finalize the agreement during President Trump's upcoming visit for the APEC summit, after prolonged negotiations that last over two months.
Source: YAHOO