6 days ago
Korea Expects $350 Billion US Fund to Be Less Than 5% Equity
South Korea's presidential policy chief said the country's $350 billion investment pledge as part of the US trade deal is largely structured as loan guarantees rather than direct capital injections, seeking to ease domestic concerns over the scale and risks of the agreement.
In a televised interview on Sunday, Senior Presidential Policy Director Kim Yong-beom said Seoul's actual equity commitment would remain below 5%, emphasizing the initiative is designed to support commercially viable, pre-vetted US-based projects and not intended to provide unconditional financial support.
