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Biden's Asia policy

US and South Korea scrap bilateral missile guidelines

Decades-old accord had limited Seoul's development of ballistic program

Hyunmoo-2 and Hyunmoo-3 ballistic missiles are displayed at a 2017 event commemorating Korea Armed Forces Day in Pyeongtaek, South Korea.   © Reuters

SEOUL -- U.S. restrictions on South Korea's ability to develop missiles have been lifted under an agreement reached by the leaders of the two countries.

"I am pleased to announce the termination of the missile guidelines," South Korean President Moon Jae-in said following his meeting with American counterpart Joe Biden in Washington on Friday.

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