This is a different response from the remarks made by the Trump administration encouraging South Korea to participate. Kim appeared at the National Assembly Budget and Accounts Special Committee on the 6th and said, "(The Alaska gas pipeline project)
"It's a high-risk business," he said. "Commercial rationality (the standard for investment in the United States) is limited to projects that generate cash flow. By our standards, investing in the Alaska gas fields
In response to a follow-up question about whether the Alaska gas field will be removed from the list of US investments, he said, "Currently, yes," but added, "The Alaska gas field is a key component of South Korea's domestic gas security.
"As for the purchase, once the project is underway, domestic companies and the government will be able to keep an eye on it with interest," he added.
Prior to this, US Secretary of Commerce Howard Lutnick said on social media, "Of the $350 billion that South Korea agreed to invest in the US, 20
"I will direct $20 billion to be invested in projects in the United States, including the Alaska Natural Gas Pipeline, energy infrastructure, critical minerals, and advanced manufacturing."
Meanwhile, Kim said that he is in "concrete discussions with the US Ministry of Commerce" regarding the issue of employment visas in the US, which has come to light following the detention of many Koreans.
"The results will be available in the coming days," he explained.
2025/11/07 06:11 KST
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