US-Korea Relations
South Korea and US agree to swiftly launch working groups on summit agreements
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South Korea and the United States have agreed to swiftly launch working groups to implement recent summit agreements, including nuclear-powered submarines and civil uranium enrichment rights. In their first high-level follow-up talks, both sides emphasized advancing trade, investment, and security cooperation. The agreement builds on the joint fact sheet from August and October summits.
The US government has authorized a potential sale to South Korea of Joint Direct Attack Munition precision bombs and related equipment, the State Department said.
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South Korea's ruling Democratic Party and main opposition People Power Party agreed to expedite passage of a special US investment bill in the national interest. The legislation, aimed at implementing a trade deal with the United States, is set for a vote in a plenary session on March 12. The agreement comes amid threats from US President Donald Trump to raise tariffs on Korean goods.