Seoul, South Korea (CNN) North and South Korea have removed all weapons and ammunition from the Joint Security Area (JSA), the notorious spot between the two Koreas where soldiers from North and South stand face to face, guns at the ready.

The move is a highly symbolic one that South Korean President Moon Jae-in and North Korean leader Kim Jong Un hope will further reduce tensions between Seoul and Pyongyang.

The JSA, which is also known as the Panmunjom truce village, has long been considered one of the most dangerous borders on the planet. Former US President Bill Clinton once called it the "scariest place on earth."

Moon and Kim are out to change that. They held their first-ever meeting at the JSA -- during which each leader symbolically crossed the military demarcation line that runs through the village -- and vowed to turn the entire demilitarized zone (DMZ) that divides North and South Korea into what they called a "peace zone."

To that end, the two Koreas and the United Nations Command that administers the southern part of the DMZ announced they have removed all mines from the region and withdrawn all guard posts, firearms and ammunition from the JSA as part of an agreement reached between Moon and Kim last month in Pyongyang, their third face-to-face meeting of the year

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