The $350 Billion MOU Moves Forward After South Korea Passes Investment Act
While annual investment funding is capped at USD 20 billion, the full package including $150 billion in shipbuilding must be announced by January 2029.
While annual investment funding is capped at USD 20 billion, the full package including $150 billion in shipbuilding must be announced by January 2029.
As 2025 draws to a close, reporting suggests that financial conditions may be stabilizing—but at levels radically worse than just two years ago.
South Korea is the largest foreign direct investor in Vietnam, with investments totaling USD 92 billion at the end of 2024.
For the first time since 1994, the ruling LDP coalition controls neither chamber of the Japanese legislature.
Reaching such a deal before August 1 allows Korea to compete with trading partners such as the European Union and Japan on a level playing field.
Agreements shed some light on what a realistic deal with South Korea may look like, but also what South Korea may have to contend with.
The U.S. and South Korean governments appear committed to following other countries like the United Kingdom, Indonesia, and Japan in making a deal.
As the U.S. and South Korea implement policy and personnel changes that accompany new administrations, both countries continue down the path of engagement.
The trade disruption seen over the first six months of the Trump administration has delivered unprecedented shocks to the global trading system.
A trade deal could have big upsides for the defense industry, nuclear tech, energy, semiconductors, EVs, robotics, and AI