President Obama was honored with a welcoming ceremony today in South Korea.
Obama joined South Korean President Lee Myung-Bak at the Blue House--the South Korean version of the White House.
The two leaders then met briefly before they delivered statements at a news conference.
President Lee said South Korea and the United States offered North Korea "a grand bargain" aimed at ending North Korea's nuclear program.
The proposal is reported to be a package of political and economic incentives in exchange for the one-step, irreversible dismantling of the North's nuclear program.
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