Anchor: South Korea and the U.S. have announced the results of the second summit between Presidents Lee Jae Myung and Donald Trump that took place last month. Under the comprehensive accord, the two sides have finalized the terms of their tariff deal, set the direction of their security alliance and laid out details of their decision to allow South Korea to operate nuclear-powered submarines. 
Kim Bum-soo has more.

Report: Seoul and Washington have finalized the overdue terms of their trade, industrial cooperation and security alliance.

President Lee Jae Myung on Friday announced the agreements he'd reached with U.S. President Donald Trump during their second summit 16 days ago after negotiators ironed out the details. 

[Sound bite: President Lee Jae Myung (Korean-English)]
"Through these negotiations, South Korea and the United States agreed to pursue the construction of nuclear-powered submarines, a decades-long aspiration of South Korea and a vital strategic asset for peace and stability on the Korean Peninsula. We also secured U.S. government support for expanded authority over uranium enrichment and spent nuclear fuel reprocessing, a significant step forward."

Seoul and Washington issued a joint fact sheet outlining the specifics of their bilateral accords, including their commitment to jointly sourcing fuel for nuclear-powered submarines.

In the document, Washington reaffirmed its commitment to nuclear deterrence and the presence of United States Forces Korea on the peninsula, and Seoul reiterated its plan to boost its defense budget, promising to purchase U.S. military equipment worth 25 billion dollars by 2030.

[Sound bite: President Lee Jae Myung (Korean-English)]
"Both governments have confirmed that South Korea will only make investments within the scope that our economy can sufficiently withstand, and in projects that are commercially reasonable. This completely dispels any fear or distrust that this will in fact serve as a grant rather than an investment on which we will have difficulty collecting the principal.”

Last month's Lee-Trump talks followed the United States' agreeing to lower its reciprocal tariffs on South Korean goods from 25 to 15 percent in return for the Asian ally's pledge to invest 350 billion U.S. dollars. But the two sides have since been at odds over the logistics of implementing the package. 

With the sticking points removed, Lee said that South Korea and the U.S. have opened the door to what he called a renaissance of their alliance.

Still, he cautioned that the silent war between nations to protect their national interests will continue, and that uncertainty in the international community will not be resolved anytime soon.
Kim Bum-soo, KBS World Radio News.