Inter-Korean Summit - North-South Korean Leaders talks for peace

In a summit, North Korean Leader Kim Jong Un & South Korean Leader Moon Jae In paged complete denuclearisation of Korean Penisula. The two also agreed to push towards turning the armistice that ended the Korean War in 1953 into a peace treaty this year.

With this Summit, Kim Jong un became the first North Korean leader to set foot into the South Korea territory after 65 years. The summit came just months after warlike rhetoric from North Korea.

Issues After Peace Summit :-
  • Details of how denuclearisation would be achieved were not made clear and many analysts remain sceptical about the North's apparent enthusiasm for engagement because previous inter-Korean agreements have included similar pledges but were later abandoned after the North resorted to nuclear and missile tests and the South elected more conservative presidents.
  • An issue for the North is the security guarantee extended by the US, a nuclear power, to South Korea and Japan and its military presence in both countries.

Key Highlights of Agreement :-
  • An end to "hostile activities" between the two nations
  • Changing the demilitarised zone (DMZ) that divides the country into a "peace zone" by ceasing propaganda broadcasts
  • An arms reduction in the region pending the easing of military tension
  • To push for four-way talks involving the US and China
  • Organising a reunion of families left divided by the war
  • Connecting and modernising railways and roads across the border
  • Further joint participation in sporting events, including this year's Asian Games
  • The commitment to denuclearisation does not explicitly refer to North Korea halting its nuclear activities but rather the aim of "a nuclear-free Korean peninsula".

What do China and the US say ?
China later praised the political determination and courage of both leaders and said it hoped the momentum could be maintained.

US President Donald Trump also welcomed the news, tweeting that "good things are happening". As  Mr Kim is due to meet Mr Trump in the coming weeks. Speaking in Washington, Mr Trump said the meeting would take place in one of two countries under consideration and vowed he would not be "played" by the North Korean leader. New US Secretary of State Mike Pompeo - who earlier this month travelled secretly to Pyongyang to meet Mr Kim - said his impression was that Mr Kim was serious about reaching a deal.

What would be the outcomes from the summit ?
The full day of talks between the two Korean leaders is expected to bring result into three main issues -
  • Denuclearization of the Korean Peninsula
  • Improving inter-Korean relations
  • Achieving peace and prosperity in the Korean peninsula.

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