A post by @FirstSquawk on X.
Seoul to Release $10 Billion for US Nuclear Project Only After Full Business Feasibility Assessment
@FirstSquawk on X
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South Korea will release $10 billion in financing for a U.S. nuclear project only after completing a full business feasibility assessment, according to a First Squawk report. The funding is tied to Seoul's commitment to the project, but disbursement will wait on the feasibility review rather than proceeding automatically. The condition matters for the project's financing timeline, since the $10 billion will not flow until the assessment concludes. What to watch next is the scope and duration of the feasibility study and whether it clears the way for the funds to be released.
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US Nuclear Project, Seoul