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Trump-Kim Agreement to Advance US-North Korea Relations, Denuclearization

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President Donald Trump and North Korean leader Kim Jong Un have signed an agreement to establish U.S.-North Korea relations and reaffirm the Asian country’s commitment to conclude denuclearization efforts on the Korean peninsula in support of the Panmunjom Declaration signed in April, CNBC reported Tuesday.

Trump and Kim signed the joint statement on Tuesday during their summit in Singapore.

The agreement also covers the U.S. commitment to offer security guarantees to the East Asian country, development of a peace regime on the Korean peninsula and commitment of both countries to recover the remains of prisoners of war and missing soldiers to facilitate their repatriation.

Secretary of State Mike Pompeo and his North Korean counterpart will lead follow-on negotiations to immediately carry out the summit’s outcomes, according to the agreement.