Koreas hold another summit in Pyongyang

Hero's welcome for Moon Jae-in carries Pyongyang's hope of nuclear breakthrough

Chairman Kim also agreed to permit global inspectors to observe the "permanent dismantlement" of its key missile facilities, including a test site and launch pad.

"We have agreed to make the Korean Peninsula a land of peace that is free from nuclear weapons and nuclear threat", Kim said as he stood by Moon's side at the guesthouse where Moon is staying.

This week's summit, the third between Mr Kim and Mr Moon this year, is meant to craft concrete steps to implement the Panmunjom Declaration, named after the border village where they first met, Seoul officials said.

Talks in Pyongyang built on a growing rapprochement, with the two leaders agreeing Wednesday to hold family reunions on a regular basis, work towards joining up road and rail links, and mount a combined bid for the 2032 Olympics.

Standing by her brother's side as he and Moon signed a denuclearization agreement Wednesday, Kim Jong Un would only use the pen Kim Yo Jong handed him to sign the joint statements.

North Korea would also shut down its Dongchang-ri missile engine testing and launch facility and allow the process to be monitored by worldwide observers. Kim at the same time also stressed Washington must reciprocate his initial "goodwill" gestures.

Republican Sen. Lindsey Graham tweeted that he was concerned Moon's visit would undermine efforts by Secretary of State Mike Pompeo and U.N. Ambassador Nikki Haley to impose "maximum pressure" on Pyongyang through sanctions.

President Trump called the North Korean commitments "very exciting" on Twitter.

North Korea says it will also permanently dismantle its main Nyongbyon nuclear complex but only if the United States takes reciprocal measures, Mr Moon added.

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Those U.S. steps could include an end-of-war declaration, South Korea's national security adviser, Chung Eui-yong, told reporters.

Seoul and Pyongyang have both been keen to promote inter-Korean ties, with Kim looking to secure cooperation from the far wealthier South in economic projects, and Moon looking to reduce the risk of a US-North Korean conflict that would devastate his country.

In previous, failed talks, North Korea said it could consider giving up its nuclear programme if the United States provided security guarantees by removing troops from South Korea and withdrawing its so-called nuclear umbrella of deterrence from the South and Japan.

"I hope the talks between the North and the USA quickly resume", he told the joint press conference.

South and North Korea want to co-host the 2032 Summer Olympics, leaders of the rival nations announced on Wednesday.

Though North Korea has unilaterally stopped nuclear and missile tests, it did not allow global inspections of the dismantling its only known nuclear test site in May, drawing criticism that its action was for show and could be easily reversed. The war was halted in a truce, not formally with a peace treaty, 65 years ago, leaving the peninsula still technically at war.

Interested in North Korea?

Moon and Kim also agreed to several measures to ease tensions across the world's most militarized border, including the establishment of a buffer zone near the front line to suspend artillery drills and field maneuvers, as well as an agreement to each pull back 11 border guard posts by year's end.

The pledges Kim and Moon made at their third summit this year could inject fresh momentum into the stalled nuclear negotiations between Washington and Pyongyang and lay the groundwork for another meeting Kim recently proposed to U.S. President Donald Trump.

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