Donald Trump and Kim Jong-un signed a "very comprehensive" document after their historic summit today, with the United States president saying that the process of denuclearisation on the Korean peninsula will begin "very soon" and the North Korean leader promising to leave the past behind.
According to photographs of the text signed by the two sides, Trump has vowed to provide security guarantees to the DPRK, while North Korea commits to "work towards" complete denuclearization of the Korean Peninsula.
Trump and Kim kicked off their summit with a handshake shortly after 9 a.m. local time Tuesday - 9 p.m. Monday in NY - marking the first face-to-face encounter between a sitting USA president and a North Korean leader.
During the first press conference after his historic meeting with the North Korean leader, Trump said U.S. war games in the region would be "provocative" amid talks with Pyongyang and promised to suspend them.
After some initial exchanges lasting about half an hour, Mr Trump and Mr Kim emerged, walking side-by-side through the colonnaded hotel before re-entering the meeting room, where they were joined by their most senior officials.
The state-run Korean Central News Agency said the two leaders "shared recognition to the effect that it is important to abide by the principle of step-by-step and simultaneous action in achieving peace, stability and denuclearization of the Korean Peninsula".
"We'll meet again", Trump said after a signing ceremony, standing with Kim on the verandah where they first met. "Will the world embrace this change?"
Kim did not respond to questions from the media about whether he would give up his nuclear program. US shares were set to drift lower, with Dow futures down 0.2 percent and S&P 500 futures 0.1 percent lower.
Mr Kim called the sit-down a "good prelude for peace" and Mr Trump pledged that "working together we will get it taken care of". As they entered, Trump injected some levity to the day's extraordinary events, saying: "Getting a good picture everybody?"
"I feel really great", Trump said as he sat with Kim.More news: William Blair Downgrades Envision Healthcare (EVHC) to Market Perform
Trump also said that he would be willing to invite Kim to visit the White House following this first meeting.
Boarding his plane, Trump said "there was nothing more we could have done" at the summit.
Following his press conference, the president will depart Singapore earlier than the White House had originally scheduled.
"I think within the first minute, I'll know - just my touch, my feel", Trump said recently.
Though when pressed later in the news conference by ABC News chief White House correspondent Jonathan Karl, Trump claimed it was actually discussed "at length".
"People thought this could never take place", Trump told reporters.
US Secretary of State Mike Pompeo and North Korean officials will hold follow-up negotiations "at the earliest possible date", the statement said.
He confirmed that Kim had said a North Korean missile testing site "is going to be destroyed very soon". Trump said he was sure they would have a "terrific relationship". Here we have a North Korean leader (one who has already ordered hundreds of gruesome, politically motivated executions in his six years in power and presides over a gulag in which tens of thousands of prisoners are forced into labor, starved, tortured, raped, and subjected to all manner of other horrors) being greeted as an equal by an American president.
As Trump acknowledged that denuclearization would not be accomplished overnight, the North suggested Wednesday that Trump had moved away from his demand for complete denuclearization before USA sanctions on the long-isolated country are removed.