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Post by Lancaster on Oct 4, 2007 12:53:08 GMT -5
October 4, 2007
In a historic turn of events, Kim Jong Il the leader of North Korea and Roh Moo-hyun the leader of South Korea have signed the Declaration of Peace and Prosperity, an 8-page declaration of "permanent peace," just two days after the two leaders met for a rare summit which began on October 2.
"The South and North share the view that they should end the current armistice system and build up a permanent peace system," said the pact which also stated that they "agreed to closely co-operate to end military hostility and ensure peace and easing of tension on the Korean peninsula."
"We agreed to make a firm commitment to achieving peace and prosperity on the Korean Peninsula. We shared the need to map out our measures for Korean peace for the future," said Moo-hyun.
The pact includes cross-border freight transportation which was banned for over 50 years, creates a joint operation for disputed areas of the ocean and also calls for a new armistice.
The deal invites all "concerned" nations, particularly the United States and China, to the Korean Peninsula to observe the end to the war of 1950-1953, otherwise known as the Korean War. The pact also states that the two nations will regularly meet for summits.
Both the leaders signed the pact and then shook hands. They then proposed a toast and drank to the deal in a celebration. This is only the second time in history that the two leaders met face to face.
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