Minister Kim Reaffirms U.S. Investment Principle: Commercial Rationality Recognized by Washington

Industry Minister Kim Jung-kwan said in Yeongjongdo after completing visits to Canada and the United States that negotiations on investment projects in the U.S. are still under way. Kim stressed that the basic principle for U.S.-bound investment is commercial rationality, adding that the United States is also aware of that position. The remarks reaffirm the government’s criteria as investment discussions with Washington continue. The original report did not disclose specific investment amounts or detailed conditions. Future talks are expected to proceed on the basis of commercial feasibility and shared understanding. Source: yna.co.kr