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Trump says 'a very, very large trade deal' reached with South Korea

ANI  |  US 

US on Thursday said that has signed a "new and very, very large" trade deal with

In a video posted by The Hill, Trump, flanked by South Korean Moon Jae-in and first ladies of both the countries, said, "We have recently completed a new and very, very large trade deal with and it will very much increase trade both ways."

"It is a very important transaction and is something we have been working on from quite a while... Big difference," the US added.

The 72-year-old leader made these remarks after a meeting with his South Korean counterpart, who is on a two-day state visit to the US.

Moon, arrived in DC on Wednesday to discuss the second US-summit in Vietnam, which ended in a stalemate. It is the first face-to-face meeting between the two leaders after the failed Hanoi Summit.

During the meeting, has asserted that he wanted to retain the sanctions imposed on while he worked towards getting the denuclearisation talks back on track with North Korean leader

It is widely speculated that Moon is expected to participate in the proposed third US-summit, along with and Kim, in order to keep the denuclearisation talks on track and to chalk out a peace deal to end the over six-decades-long Korean War.

Technically, North and remain at war as no peace agreement has been signed between them. The two nations had signed an armistice pact which brought about a complete cessation of hostilities from the two sides.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 12 2019. 10:25 IST