North Korea agrees to ‘complete denuclearisation’ if U.S reciprocates, North and South Korea to present joint bid for 2032 Olympics

(Reuters) North Korea has agreed to “permanently” abolish its key missile facilities in the presence of foreign experts, and is willing to close its main nuclear complex if the United States takes reciprocal action, South Korea’s President Moon Jae-in said on Wednesday.

The ‘reciprocal actions’ as asked by the North is yet to be specified.

Speaking at a joint news conference following their summit talks in Pyongyang, Moon and North Korean leader Kim Jong Un said they agreed to turn the Korean peninsula into a “land of peace without nuclear weapons and nuclear threats.”

Kim said he will visit Seoul in the near future, in what would be the first-ever visit to the South’s capital by a North Korean leader.

The latest summit will be a litmus test for stalled negotiations on the North’s nuclear program between Pyongyang and Washington, and for another meeting Kim recently proposed to U.S. President Donald Trump following their historic encounter in June in Singapore.

Moon was seeking to engineer a proposal that combines a framework for the North’s denuclearization and a joint declaration ending the 1950-53 Korean War.

Kim pledged to work toward the “complete denuclearization of the Korean peninsula” during his first encounter with Moon, and at his summit with Trump in June.

But discussions over how to implement the vague commitments have since faltered, with Washington demanding concrete action towards denuclearization by North Korea before agreeing to a key goal of Pyongyang – declaring an end to the war.

North Korea has given no indication it is willing to give up its nuclear arsenal unilaterally and is seeking relief from crippling international sanctions.

Joint Bid for 2032 Olympics: 

The two Koreas have agreed to pursue a bid to co-host the 2032 Olympic Games, they said in a joint statement on Wednesday following a summit between North Korean leader Kim Jong Un and South Korean President Moon Jae-in.

The statement also said they had agreed to “participate jointly” at international competitions including the 2020 Olympic Games in Tokyo.

The idea of a joint bid to host the Summer Games in 2032 was floated last week by Seoul’s Sports Minister Do Jong-hwan.

Do said that co-hosting the Games would build on the success of this year’s Winter Olympics in Pyeongchang, where North Korea’s participation helped ease tensions on the peninsula.

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