However, analysts warn that key gaps in the fact sheet could lead to both governments interpreting their partnership very differently, particularly on sensitive defence provisions and the feasibility of South Korea’s submarine ambitions.

The delay in producing the document reflects the challenges both sides faced in reconciling their differences and agreeing on the precise terms during the talks, according to analysts.

“The Korea–US trade, tariff and security negotiations, which were among the biggest variables for our economy and security, have now been conclusively wrapped up,” Lee said on Friday.

“With this agreement, the alliance has further evolved into a future-oriented, comprehensive strategic alliance encompassing security, the economy and advanced technology.”