The South Korean presidential office said the two leaders met at the DPRK side of the border village of Panmunjom from 3:00 pm to 5:00 pm local time on Saturday, where they "candidly discussed the potential Trump-Kim summit", and exchanged their opinions on implementing the April 27 Panmunjom Declaration.

Moon will release the result of the summit at 10:00 a.m. local time on Sunday, South Korea's Blue House said, without elaborating further.

The two leaders previously met on the South Korean side of Panmunjom on April 27, reaching a historic agreement on the complete denuclearization of the Korean Peninsula and the change of the current armistice agreement into a peace treaty.

Their second summit came after U.S. President Donald Trump said on Friday that the United States will possibly reinstate the meeting with Kim. Late on Friday Trump said that "we are having very productive talks with North Korea about reinstating the Summit which, if it does happen, will likely remain in Singapore on the same date, June 12th., and, if necessary, will be extended beyond that date."