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South Korean President Lee Jae Myung said on Friday that South Korea and the U.S. have finalised a joint fact sheet covering agreements on trade and security after his summit with U.S. President Donald Trump last month.

South Korea will build nuclear-powered submarines and start a new partnership with the U.S. in shipbuilding, artificial intelligence, and the nuclear industry, Lee said during a televised briefing.

Lee met Trump in Gyeongju, South Korea last month and agreed to a deal that will lower U.S. import duties on South Korean products to 15% from the previous 25%. (This story has not been edited by News18 staff and is published from a syndicated news agency feed - Reuters )

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