WASHINGTO — U.S. President Donald Trump could announce Korea's investment projects in the United States, including a liquefied natural gas (LNG) project in Alaska, under last year's bilateral trade agreement, as early as Wednesday, according to a news report. Reuters reported Tuesday that Trump could announce his administration's plans to use Korea's strategic investment fund for several major projects, including approximately $54 billion for the Alaska LNG project. It cited two people familiar with the discussions. Seoul and Washington have been in coordination to announce the investment projects under the trade agreement that committed the Asian country to investing $300 billion in the U.S. in return for lower U.S. tariffs on Korean goods. Last week, Seoul's industry ministry reported to the National Assembly that the two countries have chosen the construction of a large-scale gas-fired power plant in Texas as the first investment project, according to sources in Seoul. As for the second and third projects, the ministry reported plans for the construction of eight large-scale nuclear
Read full articleForeign Minister Cho Hyun has called for stronger cooperation among Korea, China and Japan to promote peace and prosperity in their shared region, his office said Wednesday. Cho made the call during a meeting Tuesday with Tatsushi Nishioka, secretary-general of the Trilateral Cooperation Secretariat (TCS), and Deputy Secretaries-General Kim Han-kyu and Li Jing, respectively from South Korea and China, to congratulate them on taking office this month, according to the ministry. The TCS is a trilateral organization established in Seoul in 2011 following a Korean proposal at the second trilateral summit among the three nations in 2009. It carries out various programs, including people-to-people exchanges, aimed at deepening three-way cooperation. During the talks, Cho stressed the importance of cooperation among Seoul, Beijing and Tokyo in promoting the practical interests of their peoples and achieving peace and prosperity in East Asia. He said the Korean government will continue to play an active role in helping the three countries find common ground and maintain dialogue while asking the
North Korea on Wednesday denied South Korea's announcement that a North Korean mine likely caused a recent blast inside the Demilitarized Zone (DMZ), accusing Seoul of fabricating the findings and warning of "immediate and merciless" retaliation if its troops are fired upon. Kim Yo-jong, the powerful sister of North Korean leader Kim Jong-un, issued the warning in a statement after the South Korean Joint Chiefs of Staff (JCS) announced Monday that North Korean land mines were "highly likely" to have caused the explosion on Sept. 21 that left three South Korean soldiers injured. "What should not be overlooked is the fact that the armed gangsters of the ROK are now cooking up the groundless results and 'justifying their conduct' for political and military provocation against the DPRK, openly talking about 'reasonable and corresponding enforcement of measures,'" Kim said in a statement carried by the Korean Central News Agency (KCNA). DPRK stands for North Korea's official name, the Democratic People's Republic of Korea, while ROK is the acronym for South Korea's official name, the Republi
The consortium behind Suncorp Stadium and the MCG has emerged as the preferred builder to construct Brisbane’s proposed 2032 Olympic stadium at Victoria Park.
The consortium behind Suncorp Stadium and the MCG has emerged as the preferred builder to construct Brisbane’s proposed 2032 Olympic stadium at Victoria Park.
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The two NRL legends have revealed the second piece of the 2032 Games emblems as part of a multi-day tour.
The two NRL legends have revealed the second piece of the 2032 Games emblems as part of a multi-day tour.