In a significant growth for energy cooperation between South Korea and the United states, officials from both nations have announced the formation of a working group aimed at advancing the Alaska liquefied natural gas (LNG) project and addressing associated tariffs. The announcement, reported by Reuters, underscores a renewed commitment to enhancing bilateral trade and energy security amid shifting global dynamics. As both countries navigate the complexities of energy supply and international trade, this collaborative effort seeks not only to bolster energy exports from the U.S. to South Korea but also to foster economic resilience in the face of evolving geopolitical challenges. The working group is expected to explore pathways for mitigating tariff impacts while paving the way for the successful development of the Alaska LNG project, which stands to play a crucial role…
Source link : https://theamericannews.net/america/usa/alaska/south-korea-and-us-to-form-working-group-on-alaska-lng-project-tariffs-reuters/
Author : Jackson Lee
Publish date : 2025-04-14 12:21:00
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