South Korean President Lee Jae Myung and U.S. President 
Donald Trump met for 30 minutes on the sidelines of the U.N. General Assembly, and Seoul said Trump reaffirmed his commitment to dialogue with North Korea. The Tuesday meeting in New York, the third summit between the two leaders, took place while Lee was attending a reception hosted by Trump, Yonhap reported.
What was on the agenda? National Security Adviser Wi Sung-lac told reporters the talks covered Seoul's pursuit of nuclear-powered submarines, its rights to enrich uranium and reprocess spent nuclear fuel, the transfer of wartime operational control of Korean troops from Washington, and shipbuilding cooperation. It was the first time the envisioned transfer of operational control had been discussed at summit level, Yonhap reported. The two leaders agreed to hold follow-up consultations in Washington on those pending issues.
What was said about North Korea? Lee asked Trump to contribute to resuming North Korea-U.S. dialogue, and Trump responded positively, saying he has a good relationship with North Korean leader Kim Jong-un, a presidential official said on condition of anonymity. Wi said the leaders resolved to communicate closely to help promote that dialogue and to ensure sustainable peace is established on the Korean Peninsula.
Where do the investment projects stand? "The two leaders welcomed the significant progress made in discussions on strategic investment projects between the two countries," Wi told a briefing. The summit was arranged at the last minute following progress on Seoul's U.S. investment project, Yonhap reported, after a lack of progress had left security discussions, including on the submarines, at a standstill. South Korea's Industry Ministry had briefed lawmakers on Tuesday on plans under the two countries' $350 billion investment package, including a Texas gas-fired power project identified as a potential first investment, the Japan Times reported. The briefing also covered possible investments in nuclear energy and an Alaska LNG project.
What else came up? The anonymous official said Trump frequently expressed interest in shipbuilding cooperation, while Lee focused on Seoul's efforts to build independent defense capabilities, including higher defense spending. The official said the talks did not address the Strait of Hormuz.
Figures referenced: Donald Trump. — JudgeMarket.
