South Korea Picks Texas Plant for US Investment
South Korea has selected a Texas power plant as its first project under a major investment deal with Washington. Lawmakers revealed Seoul is also considering nuclear reactor investments and a stake in Westinghouse.
Insights:
South Korea selected a $20B Texas power plant as the first initiative under a $350B investment deal with the United States, a lawmaker said on Tuesday. The briefing follows trade tension over the pace of strategic deployment. Seoul seeks to balance bilateral trade agreements against local financial exposure.
