Trump says S. Korea deal 'keeps getting better,' unveils US$8.4 billion oil recovery project
Asia-Pacific2 sources2 countries🔦 Under-reported21m ago
U.S. President Donald Trump announced an $8.4 billion oil recovery project on Friday, describing it as part of an evolving agreement with South Korea. The initiative falls under a broader arrangement in which South Korea has committed to investing $200 billion in American energy resources in exchange for lower trade tariffs.
Trump highlighted the ongoing development of the pact, stating that the deal "keeps getting better." The newly unveiled oil recovery project represents a significant component of the financial commitments agreed upon between Washington and Seoul.
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Middle East Eye (GB)Highlights the broader context of South Korea's $200bn energy investment and tariff trade-offs.
Newz