President Lee Jae-myung announces the final agreement on the U.S.–Korea tariff and security negotiations joint fact sheet at the presidential office in Yongsan, Seoul, on the 14th. From left: Policy Chief Kim Yong-bum, President Lee, and Office of National Security Director Wi Sung-lac. /Courtesy of Yonhap News Agency

President Lee Jae-myung said on the 14th that after the release of a "fact sheet (explanatory materials)" that documented the contents of the tariff and security negotiations concluded by South Korea and the United States, regarding the results of the security negotiations, "Through this negotiation, South Korea and the United States joined forces to pursue the construction of a nuclear-powered submarine, a long-cherished wish of the Republic of Korea for decades and an essential strategic asset for peace and stability on the Korean Peninsula."

The fact sheet released that day stated, "The United States has approved South Korea's construction of a nuclear-powered submarine. To advance the requirements of this shipbuilding program, including fuel procurement arrangements, the United States will work closely with South Korea." However, it did not include language on the location or timing of the nuclear submarine construction.

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