WASHINGTON - President Barack Obama will meet with?the Republic of Korea's?President Park Geun-hye on May 7 at the White House to discuss economic and security issues, including "countering the?Democratic People's Republic of?Korea (DPRK)?threat," the White House said on Monday.

"President Obama and President Park will also discuss a broad range of economic and security issues, including continued cooperation on denuclearization of the Korean peninsula and countering the?DPRK threat," the White House said in a statement.