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The Times of India

Top News / The Times of India

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Trump announces $200bn South Korean investment in US, $54bn for Alaska LNG

South Korea is making waves with a monumental commitment of $200 billion toward US energy endeavors. This ambitious plan encompasses a critical liquefied natural gas project in Alaska and a gas-fired power facility in Texas. Moreover, investments in eight nuclear reactors across the nation are also underway. These strategic ventures stem from a $350 billion trade agreement signed in November 2025, reinforcing economic cooperation between South Korea and the US.

1 Oct 2026 4:59 am