President Moon Jae-in and North Korean leader Kim Jong-un have agreed to hold a summit at the end of next month in the border truce village of Panmunjom, national security adviser Chung Eui-yong said Tuesday.

Chung, who headed a five-member delegation to North Korea, met Kim on Monday evening and returned to Seoul the next day.

The last inter-Korean summit was held in 2007, when President Roh Moo-hyun met Kim Jong-il. "The two previous summits held in 2000 and 2007 took place in Pyongyang, but the upcoming one will take place in Panmunjom on the South Korean side of the border, which symbolizes the division of the two Koreas," Chung said.

It will be the first time that North Korean leader steps across the military demarcation line to set foot on South Korean soil.

Chung said North Korea might be willing to negotiate relinquishing its nuclear weapons. The North "clearly affirmed its commitment to the denuclearization of the Korean Peninsula and said it would have no reason to possess nuclear weapons should the safety of its regime be guaranteed and military threats against North Korea removed," he said.

Kim said that he is aware that joint military drills between the U.S. and South Korea will resume in April and did not oppose them if they "would be of a similar scale seen in previous years," according to Chung.

