Video courtesy: Yonhap News Agency

South Korea's presidential national security director Chung Eui-yong held a press statement in Seoul, Tuesday, after returning from a visit to speak with North Korean officials in Pyongyang.

Chung Eui-yong announced that both North and South Koreas will hold a third peace summit "at the Peace House in Panmunjom at the end of April," adding that "we decided to install hot lines between our top leaders to ease military tensions and to have closer discussions."

"The North made clear its willingness for denuclearising the Korean Peninsula, also that there is no reason to have nuclear weapons, if there is no military threats and if the safety of the current regime is guaranteed," he continued, adding that "there will not be any strategic provocations such as test-launching ballistic missiles" while talks between the North and South are ongoing.

South Korea's presidential national security director went on to say that "in order to continue the peaceful atmosphere between the two countries created by the Pyeongchang Olympics, the North has invited a Taekwondo and art performance team [from South Korea] to Pyongyang."

Chung Eui-yong concluded by announcing his plans to visit the US, China and Russia to discuss the results of the visit to Pyongyang, with South Korea's Director of the National Intelligence Service also visiting Japan to "develop a relationship between the South and the North based on support and cooperation by international society."

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