U.S.-Korea fund stuck on key points ahead of Trump visit, Lee says
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South Korean President Lee Jae Myung stated that significant details of a $350 billion investment pledge between South Korea and the U.S. remain unresolved ahead of a summit with U.S. President Donald Trump. The sticking points include the method and amount of investment, timeline, and profit-sharing arrangements. Despite ongoing negotiations, a final agreement may not be reached before their meeting on Wednesday at the Asia-Pacific Economic Cooperation summit in Gyeongju, South Korea. This delay could disadvantage Korean automakers as part of efforts to solidify a broader trade deal initially outlined in July.
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