Moon Jae-in and Kim Jong-un signed a three-part declaration in the Peace House, pledging to sign a peace treaty to formally end the war between North and South Korea this year.
The declaration states that the Koreas will work towards reunification and establish a communications post in Kaesong, North Korea.
By May 1, loudspeaker broadcasts and distribution of propaganda leaflets will be stopped, the declaration says.
The declaration says the countries will work towards the “complete denuclearisation of the Korean Peninsula.”