Donald Trump stated that he met with South Korean President Lee Jae-myung in New York, and both parties agreed to initiate $20 billion in new investments in the U.S., based on the $35 billion "South Korea Strategic Trade and Investment Agreement" reached last year. These investments will be allocated to large-scale energy projects, including a $12 billion nuclear power plan to construct eight large nuclear reactors in the U.S.; a $5 billion Alaska LNG project; and a $2.2 billion, 6.4-gigawatt gas-fired power project in Texas.