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Details of the package had yet to emerge, he said, but there would be "continuing dialogue between the council and senior management at the company".
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Among the issues agreed upon was launching military dialogue to reduce tensions (a senior South Korean official later said that bilateral talks would be held between the respective defense ministers).
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This fall, Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner co-chaired a key bilateral forum the Strategic and Economic Dialogue that was established to address at the senior level a range of key issues, including the economy and the environment.
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Senior Obama adviser David Axelrod said the speech was meant to open a dialogue.
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Unlike last year, when China sent its defence minister, Liang Guanglie, to the Shangri-La Dialogue, this year the highest-ranking Chinese delegate was a senior military academic, Lieutenant-General Ren Haiquan.
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But the Indo-Pakistan dialogue, suspended since 1993, resumed last month with a parley between senior diplomats.
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The Obama administration has "made it clear that any real dialogue -- multilateral or bilateral -- needed to be authoritative, " according to the senior administration official.
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Ms. RICE: There were pressure ports yesterday in The Washington Post that quoted senior administration officials indicating that after some internal discussions, they were prepared to leave the door open for dialogue.
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