South Korean President Lee Jae Myung and U.S. President Donald Trump welcomed progress on strategic investment projects during a meeting on the sidelines of the United Nations General Assembly, Reuters reported on September 23.
The discussions concern a roughly $350 billion investment package tied to economic cooperation between the two countries. Reuters reported that potential projects include energy investments, with a Texas gas project among the candidates under discussion.
The leaders' statement signals continued negotiations rather than confirmation that every proposed project has received final financing or approval.