Trump’s deal with South Korea is deadlocked

According to RCO News Agency, South Korean officials say that this delay seems to be due to discussions about the request of “Lee Jae-myung” and “Donald Trump” of the presidents of South Korea and the United States to get Washington’s approval to build a nuclear submarine; The issue that the President of South Korea publicly raised last month on the sidelines of the Asia-Pacific Summit in South Korea.

After the meeting, officials said the two countries would soon release an information document that would include an agreement on security issues, including submarines, as well as a trade deal first announced at the first summit between South Korean and U.S. presidents in July, under which Seoul would invest hundreds of billions of dollars in U.S. projects in exchange for lower tariffs, Reuters reported.

South Korea’s defense minister said in an interview with KBS News channel on Sunday: “Since the issue of nuclear submarine construction is still under discussion, it seems that each of the related American ministries needs time to adjust and adjust the ideas of the two sides.”

Washington has approved Seoul’s use of nuclear fuel for the submarine, but the intelligence document will take longer to finalize as relevant US ministries are still providing feedback and there are still revisions to the text, a senior South Korean presidential official said on Friday.

The position of the South Korean president to build such a nuclear submarine inside the country is contrary to Trump’s recent statements on social media, which said that the construction of this submarine has been approved, but it will be built in one of the American shipyards.

Analysts say there are doubts about the United States’ willingness to transfer sensitive technology. Negotiations over the construction of the submarine come as the two sides say they have reached an agreement on trade.

Differences of opinion over the structure of the investment budget have prevented any joint agreement after the meetings between the presidents of South Korea and the United States.

A South Korean trade ministry official also said: “Regarding the tariffs, the draft can be considered finalized and we will make it public when the joint information document is ready.”

This official also said that a memorandum of understanding on the 350 billion dollar investment package is also ready, but it has not yet been signed and how and when it will be signed is not yet known.

He added: “We are waiting because we need its official announcement in order to take the next steps, such as explaining to the parliament.”

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