SEOUL, Sept 23 (Reuters) – South Korean President Lee Jae Myung and US President Donald Trump reported “significant progress” in discussions on strategic investments during a 30-minute meeting at the UN General Assembly, according to Seoul’s presidential office.
The meeting followed a briefing by South Korea’s Industry Ministry regarding the $350 billion investment package, which includes potential projects like a Texas gas-fired power plant, nuclear energy investments, and an Alaska LNG project.
National Security Adviser Wi Sung-lac stated that both leaders welcomed the progress and agreed to deepen cooperation on issues such as nuclear fuel reprocessing, nuclear-powered submarines, shipbuilding, and the transfer of wartime operational control from the US to South Korea.
Trump reiterated his willingness to engage in dialogue with North Korea, with both leaders committing to maintain close communication for the peace process. Lee noted the importance of the upcoming US-China summit for regional dynamics, including South Korea-China relations, expressing hope for a successful outcome.
(Reporting by Kyu-seok Shim; Editing by Ed Davies)