Moon Jae-in, Kim Jong Un
© ReutersSouth Korean President Moon Jae-in and North Korean leader Kim Jong Un
A new era of peace is beginning, according to a declaration signed by the leaders of North and South Korea after their first meeting in over a decade. Both nations are aiming to completely denuclearize the Korean peninsula. "South and North Korea affirmed their shared objective of achieving a nuclear-free Korean peninsula through complete denuclearization," reads the declaration signed by the leaders of the two countries, as cited by Yonhap. "There will be no more war on the Korean peninsula, and a new age of peace has opened," the document adds.

The two sides also agreed to hold multi-party talks, involving the US and China, in their push for a full-scale truce. Pyongyang and Seoul are also to have high-level military talks in May. In an ambitious statement after the signing ceremony, Kim said he hopes that the two Koreas will reunite. The states separated after the WWII and have remained hostile since the Korean War ended with an armistice, rather than a peace treaty, in 1953. "Terminating the current state of the truce and establishing a firm peace regime is a historic task that [the two Koreas] can no longer delay," the leaders pointed out.