Bessent expects to finalize trade deal with S. Korea in 10 days > 월드뉴스

WASHINGTON — U.S.
Treasury Secretary Scott Bessent said Wednesday that South Korea and the United States can resolve their differences over how to implement Seoul"s $350 billion investment pledge, noting that he expects "something" to come "in the next 10 days." Bessent made the remarks during a press meeting, responding to a question from Yonhap News Agency about whether the two countries can bridge their gaps over Korea"s investment package, which was pledged as part of a bilateral framework trade deal struck in July.
"I"m sure the differences can be resolved.
We are in discussion now, and I would expect something in the next 10 days," the secretary said.
Asked if the U.S.
can provide a currency swap arrangement as requested by South Korea, Bessent said that currency swap issues are not under the purview of his department.
"The Treasury (Department) does not provide a currency swap ...
That is the Federal Reserve," he said.
"If I were the Federal Reserve chair, and I"m not, Korea would already have a currency swap facility as with Singapore." He did not elaborate on why he mentioned t

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