[Breaking] Leaders of two Koreas sign summit agreement

North Korea's Kim Jong Un Says He Will Visit Seoul

Prime Minister Shinzo Abe has been seeking a summit with North Korean leader Kim Jong Un to address the denuclearization of North Korea, as the United States and South Korea have both held talks with Kim. There were few indications as to whether Mr Moon was succeeding in his goal of finding common ground between Mr Kim and President Trump, who have made little progress three months after a US-North Korea summit meeting in Singapore.

Moon and Kim resumed their talks on Wednesday at around 10 a.m. (0100 GMT), this time without any other attendees.

Kim personally thanked Moon for making the Trump-Kim meeting happen and expressed hope for "more advanced results" in talks with the United States, without elaborating on how he would define the term.

Meanwhile, meeting scheduled between leaders from South Korea's rival parties and their North Korean counterparts was cancelled as the South Korean representatives did not show up, the reason for which remains unclear.

"President Moon has ignited the spark of the historic talks between [North] Korea and the US", Mr Kim said. "I've been waiting and waiting for today".

During their motor parade through Pyongyang's landmark Ryomyong Street, a new residential district launched a year ago under Kim's initiative to modernize the city, Kim and Moon briefly stepped out of the vehicle to greet and take flowers from members of the crowd.

In Singapore, Kim declared his backing for the denuclearisation of the peninsula, but no details were agreed and Washington and Pyongyang have since sparred over what that means and how it will be achieved.

South Korean President Moon Jae-in is greeted by North Korean leader Kim Jong Un as he arrives at the headquarters of the Central Committee of the Workers' Party of Korea for their meeting in Pyongyang, North Korea, September 18, 2018.

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The conflict ended with an armistice, not a peace treaty, leaving USA -led United Nations forces including South Korea technically still at war with the North. "(My) North Korea trip would have great meaning if it could lead to the resumption of North Korea-U.S. dialogue", he said.

Kim said he hopes the summit will help realize prosperity, peace and the unification on the Korean Peninsula.

Following talks with Kim during the day, Moon appeared to open regarding the matters the two are discussing in remarks at a banquet dinner Kim threw in his honor. Moon will return home early Thursday.

Traveling with Moon are South Korean business tycoons, including Samsung scion Jay Y. Lee and the chiefs of SK Group and LG Group.

"It's hard to say an agreement has been reached, and we are expecting further dialogue", Moon's press secretary Yoon Young-chan told a news briefing on Wednesday.

The institution was sanctioned by the U.N. Security Council previous year as part of global efforts to rein in Pyongyang's nuclear and missile programs by drying up its revenue sources.

U.S. Ambassador to the United Nations Nikki Haley accused Russian Federation on Monday of "cheating" on U.N. sanctions on North Korea.

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