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South Korea's Parties Unite to Expedite US Investment Bill

3/4/2026

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Story summary
  • South Korea's ruling Democratic Party and the opposition People Power Party agreed on March 4, 2026 to pass a special bill on March 12 to facilitate investments in the United States.
  • The decision follows pressure from Washington over delays in a bilateral trade deal.
  • Lawmakers Cheon Jun-ho and Yoo Sang-beom urged timely passage, warning of retaliation if delays persist.
  • A bipartisan agreement is expected by March 9 before the vote.