South Korea to brief parliament on first project under $350 billion US investment pact

South Korea's government will brief its National Assembly on Tuesday on the first investment project under a $350 billion commitment to the US, according to Yonhap News. The first project is a gas-fired power plant in Texas, with nuclear and LNG projects also under consideration. The briefing follows a trade deal that cut US tariffs on South Korean goods. Negotiations have been difficult over commercial viability, and US officials have criticized Seoul for slow implementation. President Lee Jae Myung is in the US for the UN General Assembly.