North Korean leader Kim Jong-un and South Korean President Moon Jae-in on April 27, 2018 signed a landmark peace agreement namely, ‘Panmunjeom Declaration’ for the "complete denuclearisation of the Korean Peninsula".
The Panmunjeom Declaration was signed during the Inter-Korean Summit that took place on April 27, 2018 at the 'Peace House' at Panmunjom between leaders of North Korea and South Korea. The two leaders pledged a ‘new era of peace’ through the joint declaration.
It is the first time that a North Korean leader has crossed over the southern side of the Demilitarised Zone to enter South Korea, since the end of the Korean War in 1953.
• To reconnect the blood relations of the people and bring forward the future of co-prosperity and unification led by Koreans. Both the sides agreed to proceed with reunion programmes for the separated families on the occasion of the National Liberation Day on August 15, 2018.
• To hold dialogues and negotiations in various fields and to take active measures for the implementation of the agreements signed during the summit.
• To establish a joint liaison office with resident representatives of both sides in the Gaeseong region for facilitating cooperation between the peoples.
• To encourage more active cooperation, exchanges, visits and contacts at all levels to rejuvenate the sense of national unity.
• On the international front, both the sides agreed for joint participation in the international sports events such as the 2018 Asian Games.
• South and North Korea agreed to organise the ‘Inter-Korean Red Cross Meeting’ to discuss and solve various issues, including the reunion of separated families.
• Both the sides agreed for implementing the projects previously agreed in the October 4, 2007 Declaration, to promote balanced economic growth and co-prosperity of the nation.
• Both the countries together will make joint efforts to lessen the heightened military tension and eliminate the danger of war on the Korean Peninsula.
• The two sides agreed to transform the demilitarised zone into a peace zone by ending all hostile acts and eliminating their means such as broadcasting through loudspeakers in the areas along the Military Demarcation Line.
• South and North Korea agreed to devise a practical scheme to turn the areas around the Northern Limit Line in the West Sea into a maritime peace zone.
• Two sides agreed to convene military talks at the rank of general in May 2018.
• They reiterated the Non-Aggression Agreement that prohibits the use of force in any form against each other and confirmed the common goal of realising a nuclear-free Korean Peninsula, through complete denuclearisation.
• The two leaders agreed to hold frequent discussions on issues important for strengthening the positive thrust towards advancement of inter-Korean relations.