Lee and Obama are visiting Michigan to tout a long-delayed trade pact between South Korea and the U.S. Obama says the agreement will open South Korean markets to more U.S. goods. He says it will increase exports by $11 billion and support 70,000 jobs.

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President Barack Obama gestures towards South Korea's President Lee Myung-Bak following a tour of the General Motors Orion Assembly plant, Oct. 14, 2011 in Lake Orion, Mich.

ClickonDetroit.com reports:

South Korea's President Lee Myung-bak said he and President Barack Obama are both kept awake at night by one problem: the search for jobs.

Lee spoke to local workers after touring a General Motors assembly plant outside of Detroit with Obama, a rare joint appearance out of Washington for a U.S. president and a visiting head of state. Obama warmly introduced Lee as a leader who knows the auto industry well.

Mandel Ngan / AFP - Getty Images

President Barack Obama and South Korea's President Lee Myung-Bak listen to plant manager Alicia Boler-Davis during their tour.

Related story: Obama hails South Korea trade deal as win for both countries

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