President Trump and North Korean leader Kim Jong Un signed an agreement on the evening of June 11 in Singapore that commit the two countries to further negotiations.
The agreement featured four main points: establishing relations between the two countries, creating “a lasting and stable peace regime on the Korea Peninsula,” North Korea committing to denuclearization in exchange for the U.S. providing security guarantees to North Korea, and repatriation between the two countries on prisoners of war from the Korean War.
Additionally, the Associated Press (AP) is reporting that a “step-by-step denuclearization process” has been agreed to:
SINGAPORE (AP) – North Korea: Trump has agreed on step-by-step denuclearization process by North in return for US concessions.
— Zeke Miller (@ZekeJMiller) June 12, 2018
“I think our whole relationship with North Korea and the Korean Peninsula is going to be a very much different situation than it has in the past,” Trump said.
Trump also called Kim “a very talented man.”
Kim said through a translator, “Many people in the world will think of this as a form of fantasy…from a science fiction movie.”
Israeli Prime Minister Benjamin Netanyahu praised Trump for the summit with Kim.
“I congratulate US President Donald Trump for the historic summit in Singapore,” Netanyahu said in a statement. “It is an important step in the effort to denuclearize the Korean Peninsula.”
The full text of the agreement can be read here.