South Korea's Minister of Industry and Trade Kim Jong-gwan finished his visit to the US on the afternoon of the 20th and returned to South Korea. In an interview with reporters at Incheon International Airport, he said that South Korea and the US have made “quite significant progress” on South Korea's investment in the US. The two sides are currently discussing the first investment project, mainly involving the energy sector, which is expected to be announced in September. According to Kim Jong-kwan, during his visit to the US, he held talks with US Secretary of Commerce Lutnick for two consecutive days, and many disputes were resolved. Since there are still a number of unresolved differences at the working level, the two sides decided to move to direct consultations at the ministerial level to try to finalize the final plan. The two sides will continue to hold video conferences next week to try to resolve the remaining issues.

South Korea's Minister of Industry and Trade Kim Jong-gwan finished his visit to the US on the afternoon of the 20th and returned to South Korea. In an interview with reporters at Incheon International Airport, he said that South Korea and the US have made “quite significant progress” on South Korea's investment in the US. The two sides are currently discussing the first investment project, mainly involving the energy sector, which is expected to be announced in September. According to Kim Jong-kwan, during his visit to the US, he held talks with US Secretary of Commerce Lutnick for two consecutive days, and many disputes were resolved. Since there are still a number of unresolved differences at the working level, the two sides decided to move to direct consultations at the ministerial level to try to finalize the final plan. The two sides will continue to hold video conferences next week to try to resolve the remaining issues.