Turnbull and Moon talk trade, security

Prime Minister Malcolm Turnbull has confirmed Australia's commitment to security on the Korean peninsula during his first phone call with new South Korean President Moon Jae-in.

The leaders agreed to strengthen strategic talks and co-operation on North Korea's nuclear issues during the Friday afternoon call.

President Moon talked up Australian wine and beef and said he hopes bilateral trade will develop further.

The pair invited each other to visit their countries but will first meet at the G20 Summit in Germany in July.