Korea agree to maintain 'maximum pressure' on N. Korea

The Trump Kim summit is expected to take place by May of this year

Trump's announcement has raised speculation about whether the meeting will actually go ahead, what North Korea will demand from the USA and even where the two leaders might meet.

The 2018-2022 forecast said that, in particular, South Korea's T-50A is well placed to secure the Advanced Pilot Training (APT) project that could be worth some 14 trillion won (US$13 billion). "North Korea made several promises".

"As the 'Island of Peace, ' Jeju is the ideal place to hold the North Korea-US summit", Jeju's governor said in a statement.

"I feel they're approaching this matter with caution and they need time to organize their stance".

'I believe they will honour that commitment, ' the president said.

One of the most likely sites being discussed is the Joint Security Area in Panmunjom that straddles the Military Demarcation Line between North and South Korea.

Many people were shocked last week by news of the planned talks between the leaders of the United States and North Korea.

When asked whether the message concerned the release of three American hostages in North Korea, as had been speculated before the South's delegation arrived in the US, the source denied it, saying that the message is more "comprehensive in content".

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"He's marshalled unprecedented economic and diplomatic pressure on the regime in North Korea and this breakthrough - and we hope it is a breakthrough - is a result of the strong leadership the president has provided on the world stage", Pence said.

Tillerson spoke Monday at a news conference in Nigeria. He says Russia, South Korea and Japan will as well. He then delivered President Moon's gratitude for Trump's support for the progress made with North Korea and said the special envoys' visit was primarily meant to convey South Korea's desire for Seoul and Washington to move forward in total cooperation.

At the same time, another delegation headed to Tokyo to meet Japanese Prime Minister Shinzo Abe about the proposed talks, which will focus on North Korea's nuclear and missile programmes.

In Beijing, Mr Xi told Mr Chung that the Korean peninsula faces an opportunity for talks to ease the situation.

"That we were able to get to this stage shows China has played an important role", he said. Tensions have risen in the past few months as the Asian nation increased its missile testing up until last month.

Kono declined to say what that concrete action should be or whether Japan had softened its position on action as a prerequisite for talks.

That was the first sign of thawing of relations between Pyongyang and Seoul that set in motion further warming up of relations between the two Korean states.

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