Korean Foreign Minister Jo Hyun stated that the report to the National Assembly regarding the first U.S. investment project, originally scheduled for September 17, has been unexpectedly postponed, clarifying that there are no disagreements between South Korea and the United States. Jo is set to meet with U.S. Secretary of State Marco Rubio on September 18.
Speaking to reporters at Incheon International Airport, Jo explained that the delay is intended to ensure procedural clarity within South Korea. He added that the issue will also be discussed during the foreign minister meeting between the two countries.
Jo emphasized, "What we can do is explain to the U.S., and we will maintain a clear stance on any issues that go against our national interests or differ from our position."
The first U.S. investment project is expected to involve a liquefied natural gas (LNG) combined cycle power project in Texas. The South Korean government previously pledged to invest $350 billion (approximately 482 trillion won) in the U.S., which includes $150 billion (about 207 trillion won) for shipbuilding cooperation and $200 billion (about 276 trillion won) for strategic investments.
Regarding the potential deployment to the Strait of Hormuz, Jo stated, "Our position has not been determined yet," and added that while South Korea will participate in international cooperation, it will prioritize the safety of its citizens and the freedom of navigation in the Strait of Hormuz.
Additionally, in light of recent comments from U.S. President Donald Trump expressing a desire for dialogue with North Korea, Jo remarked, "If a breakthrough in North Korea-U.S. relations is achieved, it would be welcomed by our government," and assured that the South Korean government will ensure it is not sidelined in the process.
* This article has been translated by AI.
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