Kim Jong Un on Friday became the first North Korean ruler to cross the border into South Korean territory since 1953 as he met with President Moon Jae-in. The one-day bilateral summit is the third ever meeting between leaders of the two Koreas, but skepticism is high about whether they can achieve any concrete progress on denuclearization.
The face-to-face meeting has been heralded as a diplomatic win following years of the North's repeated nuclear tests and missile launches. But many believe Moon will use Friday's summit to establish trust rather than broach the nitty-gritty details of the North's nuclear program.
The event's real purpose, according to strategists, is to set the stage for Kim's meeting with President Donald Trump slated for May or June.
The two leaders discussed denuclearization in Friday's morning session, Reuters reported, citing a South Korean official.
Without making Pyongyang denuclearize, "we cannot open a new chapter of peace on the Korean Peninsula," Moon Chung-In, special advisor to the South Korean president, told CNBC's Chery Kang, adding that denuclearization was certainly on Friday's agenda.
"We are hoping to have peace settlements and an improvement of inter-Korean relations, they are all tied up into the issue of North Korea's nuclear problem," he continued.