A top South Korean official said on Monday that the U.S. and South Korea had decided to establish a non-binding agreement to define the operation and structure of $350 billion in investment funds agreed as part of a July trade deal.

SEOUL (Reuters) -South Korea touted a broad range of U.S. investment plans by its companies at Monday's summit between U.S. President Donald Trump and South Korean President Lee Jae Myung, spanning shipbuilding,

South Korean president Lee Jae Myung promised major investment deals, including buying 100 Boeing jets, during a White House meeting with his US counterpart.