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U.S. welcomes S. Korea's passage of investment bill as 'positive' step: U.S. official | Yonhap News Agency

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March 13, 2026, 3:05 PM 7 min read 26 views

Summary

President Donald Trump's administration welcomes the South Korean parliament's passage of a special bill on Seoul's pledge to invest US$350 billion in the United States as a "positive step," a U.S. official said Friday. The official's remarks came after the National Assembly on Thursday (Seoul time) passed the bill facilitating the implementation of South Korea's investment commitment under a bilateral trade deal that the two governments struck last year. "We welcome South Korea's passage of their investment pledge as a positive, even if delayed, step towards implementing our trade deal," the official said in response to an email question from Yonhap News Agency. "The administration continues to monitor every country's compliance with our trade deals, and we look forward to Korea's full implementation of the other trade-related issues that were agreed to in our Joint Fact Sheet," the official added. The National Assembly holds a plenary session in Seoul on March 12, 2026, to vote on a special bill on South Korea's US$350 billion investment pledge to the United States. (Yonhap) sshluck@yna.co.kr (END) Keywords #US official Articles with issue keywords Most Liked U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones BTS to launch 'Arirang' pop-ups to mark new album release Most Saved U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation 16th Gwangju Biennale: You must change your life Lee says to swiftly introduce fuel price cap as Mideast crisis intensifies Lee urges caution over reform measures to minimize side effects (LEAD) Gov't to take steps to implement fuel price cap this week as Mideast crisis intensifies Most Viewed All Categories (LEAD) Gov't to implement fuel price cap system starting midnight to help ease cost burdens (3rd LD) PM calls on Vance to work together to quickly implement deals on nuclear subs, energy, shipbuilding (2nd LD) Vance welcomes Nat'l Assembly passage of U.S. investment bill: Seoul's PM office Lee calls for close monitoring of gas stations as fuel price cap takes effect (LEAD) U.S. sanctions 6 individuals, 2 entities for roles in N. Korea's passage of investment bill as 'positive' step: U.S. official Next U.S. welcomes S.

## Summary
President Donald Trump's administration welcomes the South Korean parliament's passage of a special bill on Seoul's pledge to invest US$350 billion in the United States as a "positive step," a U.S. official said Friday. The official's remarks came after the National Assembly on Thursday (Seoul time) passed the bill facilitating the implementation of South Korea's investment commitment under a bilateral trade deal that the two governments struck last year. "We welcome South Korea's passage of their investment pledge as a positive, even if delayed, step towards implementing our trade deal," the official said in response to an email question from Yonhap News Agency. "The administration continues to monitor every country's compliance with our trade deals, and we look forward to Korea's full implementation of the other trade-related issues that were agreed to in our Joint Fact Sheet," the official added. The National Assembly holds a plenary session in Seoul on March 12, 2026, to vote on a special bill on South Korea's US$350 billion investment pledge to the United States. (Yonhap) sshluck@yna.co.kr (END) Keywords #US official Articles with issue keywords Most Liked U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones BTS to launch 'Arirang' pop-ups to mark new album release Most Saved U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation 16th Gwangju Biennale: You must change your life Lee says to swiftly introduce fuel price cap as Mideast crisis intensifies Lee urges caution over reform measures to minimize side effects (LEAD) Gov't to take steps to implement fuel price cap this week as Mideast crisis intensifies Most Viewed All Categories (LEAD) Gov't to implement fuel price cap system starting midnight to help ease cost burdens (3rd LD) PM calls on Vance to work together to quickly implement deals on nuclear subs, energy, shipbuilding (2nd LD) Vance welcomes Nat'l Assembly passage of U.S. investment bill: Seoul's PM office Lee calls for close monitoring of gas stations as fuel price cap takes effect (LEAD) U.S. sanctions 6 individuals, 2 entities for roles in N. Korea's passage of investment bill as 'positive' step: U.S. official Next U.S. welcomes S.

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By Song Sang-ho
WASHINGTON, March 13 (Yonhap) -- U.S. President Donald Trump's administration welcomes the South Korean parliament's passage of a special bill on Seoul's pledge to invest US$350 billion in the United States as a "positive step," a U.S. official said Friday.
The official's remarks came after the National Assembly on Thursday (Seoul time) passed the bill facilitating the implementation of South Korea's investment commitment under a bilateral trade deal that the two governments struck last year.
"We welcome South Korea's passage of their investment pledge as a positive, even if delayed, step towards implementing our trade deal," the official said in response to an email question from Yonhap News Agency.
"The administration continues to monitor every country's compliance with our trade deals, and we look forward to Korea's full implementation of the other trade-related issues that were agreed to in our Joint Fact Sheet," the official added.
The official was referring to the joint document that Seoul and Washington released in November to outline bilateral trade and security agreements, including Washington's agreement to lower "reciprocal" tariffs on South Korea in return for Seoul's investment pledge.
The National Assembly holds a plenary session in Seoul on March 12, 2026, to vote on a special bill on South Korea's US$350 billion investment pledge to the United States. (Yonhap)
sshluck@yna.co.kr
(END)
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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- The National Assembly holds a plenary session in Seoul on March 12, 2026, to vote on a special bill on South Korea's US$350 billion investment pledge to the United States. (Yonhap) sshluck@yna.co.kr (END) Keywords #US official Articles with issue keywords Most Liked U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones BTS to launch 'Arirang' pop-ups to mark new album release Most Saved U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation 16th Gwangju Biennale: You must change your life Lee says to swiftly introduce fuel price cap as Mideast crisis intensifies Lee urges caution over reform measures to minimize side effects (LEAD) Gov't to take steps to implement fuel price cap this week as Mideast crisis intensifies Most Viewed All Categories (LEAD) Gov't to implement fuel price cap system starting midnight to help ease cost burdens (3rd LD) PM calls on Vance to work together to quickly implement deals on nuclear subs, energy, shipbuilding (2nd LD) Vance welcomes Nat'l Assembly passage of U.S. investment bill: Seoul's PM office Lee calls for close monitoring of gas stations as fuel price cap takes effect (LEAD) U.S. sanctions 6 individuals, 2 entities for roles in N.

### Implications
- The National Assembly holds a plenary session in Seoul on March 12, 2026, to vote on a special bill on South Korea's US$350 billion investment pledge to the United States. (Yonhap) sshluck@yna.co.kr (END) Keywords #US official Articles with issue keywords Most Liked U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones BTS to launch 'Arirang' pop-ups to mark new album release Most Saved U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation 16th Gwangju Biennale: You must change your life Lee says to swiftly introduce fuel price cap as Mideast crisis intensifies Lee urges caution over reform measures to minimize side effects (LEAD) Gov't to take steps to implement fuel price cap this week as Mideast crisis intensifies Most Viewed All Categories (LEAD) Gov't to implement fuel price cap system starting midnight to help ease cost burdens (3rd LD) PM calls on Vance to work together to quickly implement deals on nuclear subs, energy, shipbuilding (2nd LD) Vance welcomes Nat'l Assembly passage of U.S. investment bill: Seoul's PM office Lee calls for close monitoring of gas stations as fuel price cap takes effect (LEAD) U.S. sanctions 6 individuals, 2 entities for roles in N.

### Expert Commentary
This article covers official, seoul, korea topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 501.
official seoul korea investment bill south passage trade

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