Disagreements over Korean-designed reactors, Westinghouse equity stakes, and profit-sharing structures complicate $200 billion energy infrastructure deal
Posted by Freewhale98
Disagreements over Korean-designed reactors, Westinghouse equity stakes, and profit-sharing structures complicate $200 billion energy infrastructure deal
Posted by Freewhale98
1 Comment
1. Summary
The U.S. refusal to build Korean-designed nuclear reactor and forcing Koreans to use outdated American design is delay investment on the U.S. The U.S. to allow Korea to access profit and ownership generated from investment is another issue. Trump administration insists that Korean companies would be barred from using materials, designs, parts and workers from Korea and forced to use only American ones and denied access to the ownership and profit for their investment
2. How is this related to the sub
(1) Tariff Deal: It seems the U.S. is not interested in building real infrastructure but grifting off from the investment money. A typical behavior of third world country with extractive institutions.