By Ju-min ParkSEOUL (Reuters) -South Korean Foreign Minister Cho Hyun said his country and the United States had reached a rough agreement on security in tandem with ongoing tariff negotiations, Yonhap news agency reported. The minister said Seoul was seeking to announce the security agreement with the U.S. before the summit of the Asia-Pacific Economic Cooperation group in Gyeongju, South Korea in late October. South Korean President Lee Jae Myung said on Wednesday the country would boost next year's defence budget by 8.2%, highlighting the importance of stronger self-defence. Working towards the security deal, top South Korean officials have said the two countries are making progress on giving more rights to South Korea on nuclear fuel processing for industrial purposes. The South Korean president suggested the U.S. president try to meet with Kim during his trip to South Korea.