[2018 Inter-Korean summit] Panmunjeom Declaration summary

Seoul and Pyongyang will seek multilateral talks aimed at signing a peace treaty, easing military tension and cooperating toward denuclearizing the Korean Peninsula, the two Koreas’ joint Panmunjeom Declaration states.

The declaration, drew up after a day of summit talks between President Moon Jae-in and North Korean leader Kim Jong-un, also states that Moon will visit Pyongyang later in the year, and that a reunion of families separated by the Korean War will be arranged. 

1. South and North will improve relations to seek shared prosperity and self-reliant reunification.

ⓛ The Koreas agreed to seek reunification, and to execute all measures previously agreed to.
② The Koreas will open high-level talks, and negotiations to realize the agreements of the summit meeting.
③ The Koreas will establish a jointly operated communications office in Kaesong.
④ The Koreas will increase exchange and cooperation in diverse fields
⑤ The Koreas will open Red Cross talks to seek resolution to humanitarian issues.
⑥ The Koreas will execute projects agreed to in the Oct. 4 Declaration. 


2. The Koreas will cooperate to reduce military tension

① The Koreas will stop all hostilities.
② The Koreas will establish a peace zone in the West Sea near the Northern Limit Line
③ The Koreas will take measures to guarantee exchange projects, hold military talks 


3. The Koreas will cooperate to establish lasting peace on the Korean Peninsula.

① The Koreas agreed to not use military action
② The Koreas agree to reduce military spending to reflect decreasing military tension
③ The Koreas agreed to seek South-North-US three-way or South-North-US-China talks to bring about a peace treaty.
④ The Koreas reaffirmed the goal of bringing peace through complete denuclearization.

By Choi He-suk  (cheesuk@heraldcorp.com)