Article
South Korea's US$200 Billion U.S. Program: What Sponsors Must Know
South Korea has finalized its US$350 billion U.S. investment framework, splitting into a US$150 billion shipbuilding package and a US$200 billion program where Korean capital flows through U.S.-managed investment structures. Project selection does not establish binding Korean capital commitments, as funding remains subject to South Korean investment decisions, commercial reasonableness tests, and a US$20 billion annual limit.
Dechert