The art of the spiel

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The art of the spiel

Minister of Economy and Finance Koo Yun-cheol answers questions on pending issues related to Korea-U.S. tariff negotiations during a plenary session of the National Assembly in Yeouido, western Seoul, on Aug. 6. [YONHAP]

Minister of Economy and Finance Koo Yun-cheol answers questions on pending issues related to Korea-U.S. tariff negotiations during a plenary session of the National Assembly in Yeouido, western Seoul, on Aug. 6. [YONHAP]

 
Minister of Economy and Finance Koo Yun-cheol answers questions on pending issues related to Korea-U.S. tariff negotiations during a plenary session of the National Assembly in Yeouido, western Seoul, on Aug. 6.
 
Koo rejected the claim that the United States will take 90 percent of the returns from a $350 billion Korea‑U.S. investment fund as “plainly unreasonable.”
 
Speaking at a plenary session of the National Assembly’s Strategy and Finance Committee, the minister acknowledged that the U.S. side made such a demand during recent bilateral trade talks, but added, “Our government has not reached any clear agreement on that.”
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