Diplomats from South Korea and the US revising summit fact sheet in a conference room, with national flags and documents on the table.
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South Korea, US revising security parts of summit fact sheet

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A senior South Korean presidential official said on November 7 that Seoul and Washington are revising security-related sections in their joint fact sheet from last week's summit. The delay in release has sparked speculation of a possible deadlock in alliance coordination. The document outlines a $350 billion investment package and key issues like nuclear submarine fuel supplies.

The revisions stem from the summit between South Korean President Lee Jae Myung and U.S. President Donald Trump held in Gyeongju on October 29 during the Asia-Pacific Economic Cooperation (APEC) gathering. A senior presidential official told reporters, "There was a need to make some adjustments to reflect additional points that surfaced from the Gyeongju summit."

The joint fact sheet details plans and commitments on South Korea's $350 billion investment package and other alliance priorities, including Seoul's efforts to secure fuel supplies for nuclear submarines. President Lee raised the nuclear submarine issue and its fuel supplies at the outset of the talks. The official noted, "The U.S. has recently been going through another interagency review of the (joint fact sheet) text. It appears that some departments have requested additional input. That's taking some time."

It remains unclear when the document will be released publicly; Seoul officials had previously indicated it would come in the next "two or three" days after the summit. On the nuclear submarine, South Korea will construct the hull and reactor, procuring enriched uranium fuel from the U.S.

Following his talks with Lee, Trump posted on social media that he had approved South Korea to build a nuclear-powered submarine at a Philadelphia shipyard operated by Hanwha Ocean. The official clarified, "It was discussed between the leaders with the understanding that it will be constructed in South Korea," adding that the summit record attributes the statement to building it in Korea.

Foreign Minister Cho Hyun told lawmakers on Thursday that Washington had asked to "wait a little longer," indicating the delay largely results from prolonged coordination among U.S. government agencies.

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South Korean and US diplomats shake hands at summit follow-up talks, with models of submarines and agreement documents on table.
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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.

At the Asia-Pacific Economic Cooperation (APEC) summit, Presidents Lee Jae Myung of South Korea and Donald Trump of the United States finalized details of a $350 billion Korean investment pledge. The deal includes tariff cuts on automobiles and shipbuilding cooperation, along with U.S. approval for South Korea to build nuclear-powered submarines. It marks a new chapter in bilateral industrial and economic ties.

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President Lee Jae Myung stated in a Bloomberg interview that South Korea and the United States remain deadlocked on key details of Seoul's $350 billion investment pledge. Negotiations continue on implementing the July trade agreement, with issues including investment methods, amounts, and timelines. He anticipates a rational outcome ahead of talks with President Trump at the APEC summit.

South Korea's national security adviser Wi Sung-lac said there is no information yet on a possible meeting between U.S. President Donald Trump and North Korean leader Kim Jong-un on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit. He stated that South Korea will be prepared should the possibility arise. The remarks came after Trump expressed openness to meeting Kim during his visit to South Korea this week.

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On October 29, 2025, President Donald Trump said in Gyeongju that the United States and South Korea had essentially finalized a trade agreement as APEC events got underway, and he voiced optimism about a planned meeting with China’s Xi Jinping amid fraught tariff talks.

In Washington, South Korea's new ambassador to the US, Kang Kyung-wha, pledged on November 18 to work closely with American counterparts to create conditions for resuming talks with North Korea. She emphasized South Korea's role as a peacemaker and pacemaker in fostering inter-Korean and US-North Korea dialogues.

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South Korea's Industry Minister Kim Jung-kwan held a second day of tariff talks with U.S. Commerce Secretary Howard Lutnick in Washington on January 30, 2026, but again failed to reach an agreement. Following Friday's initial meeting—which also ended without a deal—the discussions deepened mutual understanding, though Kim said more talks are needed.

 

 

 

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