The agreement was made during high-level talks between the two countries at the border truce village Panmunjom.
Under the agreement, South Korean President Moon Jae-in will meet his North Korean counterpart Kim Jong-un in the Peace House on the southern side of Panmunjom, according to Seoul’s unification ministry that handles inter-Korean affairs.
Both sides also agreed to hold talks next Wednesday to discuss protocol and security arrangements, the ministry said.
It will mark the third inter-Korean summit, following those in 2000 and 2007. The two previous summits were held in Pyongyang, North Korea’s capital.
Thursday’s talks came after Kim made a surprise visit to China early this week for his first summit with Chinese President Xi Jinping ahead of his meetings with Moon and U.S. President Donald Trump in May.
During the meeting with Xi, the North Korean leader expressed his “commitment for denuclearization” and “meeting with U.S. President Donald Trump.”
The flurry of summit diplomacy from the PyeongChang Winter Olympics-driven rapprochement comes after more than a year of tensions sparked by the North’s nuclear and missile tests.
Senior officials from both sides exchanged views in an amicable atmosphere, according to Yonhap News Agency.
“Over the past 80 days, there have been many dramatic events that have not been seen earlier,” Ri Son-gwon, the North’s chief delegate, said at the start of the meeting, according to Yonhap.
