Watch live: Biden, Japan and South Korean leaders speak at news conference

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Watch live: Biden, Japan and South Korean leaders speak at news conference
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President Biden welcomed the leaders of Japan and South Korea for his first presidential summit at Camp David.

President Biden, Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol are speaking to reporters at a news conference after their summit at the Camp David presidential retreat Friday afternoon.

However, Sullivan made clear that this cooperation agreement is not NATO for the Pacific. While the agreement commits each country to military cooperation and shared defense exercises, there is no Article 5 equivalent that would consider a military attack on one member an attack on all members. The aim of the summit is to further tighten security and economic ties between Japan and South Korea, two nations that have had historically chilly relations.

"What we have seen over the course of last couple of months is a breathtaking kind of diplomacy that has been led by courageous leaders in both Japan and South Korea," Kurt Campbell, Mr. Biden's top Indo-Pacific adviser, said at an event at the Brookings Institution in Washington on Wednesday."They have sometimes, against the advice of their own counselors and staff, taken steps that elevate the Japan- South Korean relationship into a new plane.

The retreat was where President Jimmy Carter brought together Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin in September 1978 for talks that established a framework for a historic peace treaty between Israel and Egypt in March 1979. In the midst of World War II, President Franklin Roosevelt and British Prime Minister Winston Churchill met at the retreat — then known as Shangri-La — to plan the Italian campaign that would knock Benito Mussolini out of the war.

"Both would have been hesitant to endorse any implication that somehow the U.S. was brokering an improvement in Japan-ROK ties," he said, referring to the Republic of Korea."But we're in a very different stage now."

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