SINGAPORE - A high-stakes summit between US President Donald Trump and North Korean leader Kim Jong Un on Tuesday (June 12) has ended with a promise by Pyongyang to work towards completely dumping its nuclear arsenal.
Both countries also pledged to establish new bilateral relations by joining efforts to “build a lasting and stable peace regime on the Korean Peninsula”.
“Reaffirming the April 27, 2018 Panmunjom Declaration, the DPRK commits to work towards the complete denuclearisation of the Korean Peninsula,” the document stated, referring to the declaration signed by Mr Kim and South Korean President Moon Jae In two months ago.
After three hours of meeting at the Capella hotel in Sentosa on Tuesday, including a quick working lunch, Mr Trump surprised reporters covering the summit, by declaring he and Mr Kim were “heading for a signing”.
Within half an hour, journalists were whisked into Cassia restaurant, where a bilateral meeting between the two leaders and their top aides had taken place just an hour earlier.
Mr Trump declared the document a “comprehensive” one, although he did not go into details what it comprises.
“We had a historic meeting and decided to leave the past behind,” he said.
In return, Mr Kim said, through an interpreter, that “the world will see a major change”, and North Korea was “overcoming our past history and embarking on a new beginning”.
When asked, Mr Trump said denuclearisation would happen “very quickly”, although he did not answer a follow-up question on whether it was complete denuclearisation.
Mr Trump also said he had developed a “special bond” with Mr Kim, and hailed the start of a “terrific relationship”.
On whether he would invite Mr Kim to the White House, Mr Trump said: “Absolutely, I will.”
The dollar jumped to a three-week top on Tuesday while Asian shares rose on the news of the agreement.
Mr Kim is due to leave on Tuesday afternoon, a source involved in the planning of his visit has said.
Meanwhile, Mr Trump is holding a media conference at 4pm.