Picture: North Korean leader Kim Jong Un and South Korean President Moon Jae-in raise their hands after signing a joint statement at the border village of Panmunjom in the Demilitarized Zone
The leaders of North and South Korea have agreed to "complete denuclearisation" of the peninsula after an historic summit at the border.
Mr Kim described the summit as the "starting point" for peace between the countries.
With the two leaders sitting around a table, Mr Kim said:
"I feel like I'm firing a flare at the starting line in the moment of (the two Koreas) writing a new history in North-South relations, peace and prosperity."
Mr Moon responded that there were high expectations that they produce an agreement that will be a "big gift to the entire Korean nation and every peace loving person in the world".
After hours of discussion between the leaders, the South Korea describing talks over denuclearisation as "sincere and candid".
President Moon waited for Mr Kim along the border.
He then invited Mr Kim into the South and Mr Kim responded by inviting Mr Kim into the North. They took two ceremonial photos; one facing the North and another one facing the South.
President Moon then grapsed Mr Kim's hand and led him along a red carpet into South Korean territory, where school children placed flowers around their necks and an honour guard stood at attention for inspection.
Mr Kim and Mr Moon then saluted an honour guard and military band, and Mr Moon introduced Mr Kim to South Korean government officials.
Mr Kim returned the favour with the North Korean officials accompanying him.
They then posed for a photo inside the Peace House, where the summit was to take place.
Kim Jong Un's younger sister, Kim Jo Yung, joined her brother at the discussion table inside the Peace House.
The two leaders vowed to hold more meetings.
President Moon's senior spokesman said Mr Kim joked that he would make sure not to interrupt Mr Moon's sleep anymore, apparently referring to the North's series of early morning missile tests last year.
Mr Kim also said he would visit the presidential Blue House in the South Korean capital of Seoul, if invited.
South Korea said the Korean leaders held "sincere and candid" talks on denuclearisation.
They later released a joint statement saying that they agreed to "complete denuclearisation" of the Peninsula, although no specific measures were provided as of yet.
The two leaders have agreed to have high-level military talks to reduce tension between the nations.
They have also declared to cease all animosity between the countries.
Relations With North Korea
The North has long-held tensions between not only South Korea but Japan and the West over their nuclear weapons programme.
The result of this meeting is likely to have repercussions around the world.
Last weekend, North Korea announced they were stopping their nuclear weapons testing for the time being ahead of meetings with the South and US President Donald Trump.
Meanwhile, the US President claimed credit for the historic meeting between the two leaders.
"When I began, people were saying that was an impossibility," Donald Trump said during an appearance with US athletes who participated in this year's Winter Olympics in South Korea.
"They said there were two alternatives: let them have what they have, or go to war.
"And now we have a much better alternative than anybody thought even possible."
The US President is the one leader who has voiced his concern over the North Korea regime, previously calling Mr Kim "a little rocket man".
However, relations between the US and North Korea is also seemingly improving as President Trump is expected to meet Mr Kim by early June.