In the border village of Panmunjom, the two governments agreed to resolve future disputes with dialogue, not military action, and North Korea pledged to send a delegation of athletes and a popular cheerleading squad to the Olympics next month in South Korea.
"This initial round of talks is for the improvement of relations between North and South Korea".
The Russian leader said, during a meeting with heads of Russian print media and news agencies, that Kim was already a "shrewd and mature politician" and that the North Korean had "obviously won this round", referring to the latest political and diplomatic developments on the Korean Peninsula.
"We need to have a deep consideration regarding how we would appropriately manage these tensions, prevent unintentional clashes and establish dialogue with North Korea", Moon added.
The North-South talks, held on Tuesday, were the first in two years, and announced that it would send a delegation to the Olympics in Pyeongchang next month. said Vice President Mike Pence will lead the US delegation to the games. "I like it very much what I am seeing", Trump told reporters at the White House, during a joint press conference with visiting Norwegian Prime Minister Erna Solberg, when asked about current situation in the Korean Peninsula.
The vice president's trip entails a few stops, including one in Alaska to review the intercontinental ballistic missile system.
A stricken North Korea, if it chose not to retaliate, would also lose enormous global and domestic standing, and set the precedent for the U.S. to repeat the strike any time it feels the country has stepped out of line.
It's better to play games than fight wars.
Trump addressed the fiery and furious tone of his tweets that were aimed at North Korea during the first year of his administration, and said that it was how he created friendlier ties with people. He said the US was open to talks with North Korea under the right circumstances. A lot of good energy.
Moon has been supportive of the pressure campaign but has long advocated engagement with Pyongyang.
Earlier, a senior Seoul official said the South made a proposal to the North for both to form a united women's ice hockey team to participate in the Winter Olympics.
On Tuesday, the Koreas held their first high-level talks in two years.
South Korea had been campaigning for its infamous peninsula partner to attend the Winter Olympics in an apparent effort to reconcile differences, or at least calm concerns regarding the North's worldwide disputes over missile launches and nuclear weapons.
Resorting to force is widely viewed as very risky.