South Korea’s senior official said that public institutions will lead the US fund of $ 350 billion and that the exchange rate will be followed

News Consumer protection Reports

Date: 5th Sep, 2025 Source: Ministry of Trade (Ticaret Bakanlığı) Country: Turkey Original Source

Brief

"On May 9, 2023", the "T.C. Ticaret Bakanlığı, Ticaret Araştırmaları ve Risk Değerlendirme Genel Müdürlüğü" reported that Güney Kore Maliye Bakan Yardımcısı stated public institutions will guide funds for each investment in the $350 billion commitment to strategic US industries under the trade agreement with Washington. This comes as part of a financial package agreed upon by the two countries, focusing on sectors like shipbuilding, critical minerals, battery production, pharmaceuticals, semiconductors, and artificial intelligence.

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Ministry of Trade (Ticaret Bakanlığı)

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South Korea’s senior official said that public institutions will lead the US fund of $ 350 billion and that the exchange rate will be followed

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South Korea’s senior official said that public institutions will lead the US fund of $ 350 billion and that the exchange rate will be followed

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Ministry of Trade (Ticaret Bakanlığı)

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