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Breaking-News >> WorldNews At the time of the head of state talks, Korean-American investment negotiations are still "lipped"
“Li in Ming: Korean-American investment negotiations are still in a sticky state,” the Associated Press published a report on the 27th, highlighting the sense of urgency. reports focused on the Korean-American negotiations around the 35 billion dollar project, citing the country’s president Li in Ming said in an interview with Bloomberg that the investment method, amount, timetable, how to compensate for losses and dividends and other issues are still a point of disagreement. A few hours later, Yonhap News Agency published a report again: "Senior South Korean security official: South Korea and the United States may be difficult to negotiate tariff consultations during the APEC talks." The "senior national security official" in the report is Wu Jun-chou, the third director of South Korea's National Security Office. She said at a foreign media press conference on the 27th that the government has never used the APEC meeting or the talks between the heads of state of South Korea and the United States as a time limit for tariff consultations. She said that when negotiating with the United States, South Korea values factors such as commercial rationality and benefits to the national economy. When asked if the government considered the option of "not signing rather than not cost-effective", Wu Yuzhou said that the collapse of negotiations was not the government's position and the negotiating team would work hard to reach an agreement until the last moment. On the eve of the first Korean dollar talks on July 29, the two sides reached a preliminary consensus, and the three-month-long fierce game is entering the final sprint. The report said that Trump on 24 (local time) told the media that the tariff negotiations with South Korea "are very close to an agreement" and said that "if they are ready, I am ready." The day before, a senior U.S. government official also stressed in the phone briefing that the United States "wants to reach an agreement with South Korea as soon as possible" and made it clear that "as long as South Korea accepts the conditions that the United States considers appropriate, the United States is willing to sign an agreement immediately." Where are the negotiations between the United States and South Korea stuck? "Korea Minmin Daily" said in a report that it is reported that the final stage of consultations between Kim Yong Bham, director of the Policy Office of the South Korean President's Office, and U.S. Commerce Secretary Howard Lutnik on the 22nd still failed to narrow the differences on the proportion of cash investment. The United States proposed a plan to invest US$25 billion annually over eight years, but due to the stability of the foreign exchange market, South Korea believes that it is difficult for the annual investment to exceed US$15 billion. According to the Korean Times, the core of the negotiations lies in how to divide the proportion of "direct investment and fund investment" in $350 billion, as well as profit distribution and risk sharing mechanisms. The U.S. hopes to strengthen supply chain control through the agreement, while South Korea fears high cash investment will impact foreign exchange and fiscal stability. At the same time, the South Korean government has also expressed concerns about the feasibility of the investment scale. The Korea Times commented that the Korean economy is at a "crossroads". South Korea's "news1" news network said that the first meeting between South Korea and the United States will become a key node in the direction of South Korea's economy. If we continue to promote large-scale investment in the United States, it will help stabilize trade relations in the short term; If you adhere to a prudent stance, you will have to bear market fluctuations and diplomatic pressure. However, the Korean media did not rule out another possibility in their analysis: some observations believe that it is not excluded that the leaders of the two countries will achieve dramatic breakthroughs through a "top-down" approach. A South Korean government source said: "President Trump attaches importance to visible results, or hopes to announce some results at the first meeting between South Korea and the United States. The South Korean side can also regard this as an opportunity." News raw data sources → https://world.huanqiu.com/article/4Ou5uuBN51w 17WorldNews[2025.10.28-09:07] 访问:49
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