New entity tasked with implementing Seoul's investment pledge to U.S. sets sail
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Source: South Korea
Published: 2026-06-18 17:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Business & Economy, Asia Pacific
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Snippet:
SEJONG, June 18 (Yonhap) -- State-run Korea-U.S. Strategic Investment Corp. (KUIC) officially set sail Thursday with the task of implementing South Korea's US$350 billion investment pledge to the United States in return for lower tariffs, the finance ministry said.
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