Moon, Kim Announce Little of Substance After Summit

President Moon Jae-in and North Korean leader Kim Jong-un at a joint press conference on Wednesday announced a range of agreements that fell short of a substantial breakthrough in denuclearization efforts.

After a private meeting without officials at the North's state guesthouse, Paekhwawon, the two leaders signed an agreement to reduce military tensions and prevent any accidental clashes in the border areas.

Moon said he invited Kim to visit Seoul and Kim agreed to come at his earliest convenience. Moon explained later that the visit will happen this year unless there are any unexpected obstacles.

Kim said both sides agreed to closely cooperate to open a new era of peace and prosperity through their "historical summit" by ending hatred and conflict between the two Koreas caused by their tragic national division.

Moon said denuclearization of the Korean Peninsula is a "real prospect" as the North agreed to come up with ways to denuclearize and permanently destroy all nuclear facilities.

He singled out an already flattened missile engine test site in Tongchang-ri, North Pyongan Province, whose destruction will be verified by allowing inspectors from "the countries concerned" to visit.

He added the North is willing to take "additional measures" should the U.S. also keeps its promises from Kim's summit with U.S. President Donald Trump in Singapore in June.

Both sides also agreed to expand cooperation in various fields such as resuming tours to Mt. Kumgang and reopening the Kaesong Industrial Complex once circumstances permit, and reopening a facility at the scenic resort that would allow for more frequent reunions between families separated by the Korean War as well as exchanges of letters and video calls between them.

Moon was optimistic about projects related to medical and environmental cooperation. A group of North Korean performers will also visit to Seoul next month.

He also expressed hope to keep up the momentum of talks to bring about another summit between North Korea and the U.S.