Tag: kim jung-kwan

kim jung-kwan

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Sober briefing vs. raucous rally: Korea, U.S. remain at odds over Alaska LNG project

The sense of celebration in the Oval Office was contrasted by a subdued explanation in Seoul, with the industry minister striking a prudent tone.

2026.10.1

South Korean government official speaking at a podium beneath the national government emblem.

Korea conditions Alaska LNG investment on viability as Washington touts $50B from Seoul

Seoul says profit-sharing protections and revised Westinghouse terms will support its $200 billion U.S. investment pledge.

2026.10.1

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Korea picks Texas gas plant as first project in $200 billion U.S. investment package

A $22.3 billion Texas gas power plant is the first project in Korea's $200 billion U.S. investment package, while nuclear reactor and Alaska LNG plans remain under review.

2026.9.22

Korea, U.S. close to $200 billion investment deal, minister says

Industry Minister Kim Jung-kwan said negotiators are close to a final investment agreement, with unresolved issues still remaining.

2026.9.14

Industry Minister Kim Jung-kwan departs to the United States through Incheon International Airport on Sept. 1.

Industry minister heads to United States for G20 talks, Hyundai-Posco Louisiana steel plant groundbreaking

Kim Jung-kwan will seek AI cooperation, U.S. investment in Korea and stronger supply chains during his four-day trip.

2026.9.1

Industry minister says 'meaningful progress' achieved in talks with U.S.

Seoul and Washington made meaningful progress on a strategic energy investment project, with a final agreement expected next month.

2026.8.20

Industry Minister Kim Jung-kwan listens to reporters' questions after his arrival at Washington Dulles International Airport in Virgina on Aug. 16.

Seoul races to finalize $200 billion U.S. plan

The Ministry of Trade, Industry and Resources is seeking to settle last-minute issues in a $200 billion U.S. investment plan amid mounting tariff pressure from Washington.

2026.8.17

Industry minister again heads for Washington amid growing U.S. tariff pressure

Industry Minister Kim Jung-kwan visits Washington as Seoul faces pressure over investment commitments and potential new U.S. tariffs.

2026.8.16

Industry Minister Kim Jung-Kwan arrives at Dulles International Airport in Virginia on July 22.

Korea nears selection of first U.S. investment project

Industry Minister Kim Jung-kwan said Seoul is in final talks on what is likely to be an energy project, with an announcement expected in late August or September.

2026.7.23

Korea to create additional domestic demand for steel amid EU safeguard

Seoul plans to boost domestic steel demand and deepen industry cooperation as tighter European Union import safeguards threaten local exporters.

2026.7.1