National Assembly Planning and Finance Committee to Receive Closed-Door Briefing on U.S. Investment on the 17th

Personnel Hearing Plan Adopted for Deputy Prime Minister for Economic Affairs Nominee Lee Hyungil

The National Assembly's Strategy and Finance Committee has tentatively set its schedule to receive a closed-door briefing on investments in the United States on September 17.

Cho Seungrae, Chair of the National Assembly's Strategy and Finance Committee and a member of the Democratic Party, stated in the committee's plenary session on September 8, "We have tentatively decided to receive a closed-door briefing on U.S.-bound investments on the morning of the 17th."

Earlier, the government reached an agreement with the United States to proceed with U.S.-bound investments worth 200 billion dollars (approximately 269 trillion won).

Yonhap News Agency

Currently, the first project, the construction of the Encinal Gas Combined Cycle Power Plant in Texas, United States, has been virtually finalized, and issues such as building a nuclear power plant in the United States are also under discussion.

The previous day, the government briefed lawmakers from the Democratic Party belonging to the Strategy and Finance Committee and the Industrial, Trade, Energy, SMEs and Startups Committee on candidate projects, project scale, the progress of negotiations between Korea and the United States, and future procedures.

Meanwhile, at the plenary session of the committee held on the same day, the committee adopted the implementation plan for the confirmation hearing of Lee Hyungil, the Deputy Prime Minister for Economic Affairs and nominee for Minister of Strategy and Finance.

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