US, Korea Focusing on Structure of $350 Billion Deal, Not Currency Swap

Transcript

We understand that the U.S. Investment fund has been very difficult to agree on the details. And you've told Secretary Bessant about the feasibility of having so much cash upfront. Should we be expecting installments in payments then? Bessent has understood that due to the current state of Korea's foreign exchange market, we cannot pay up front. He... Read More