According to a report on CNN, South Korea's President Moon Jae-in has convinced North Korean leader Kim Jong Un that the Korean Demilitarized Zone (DMZ) is the best site for President Trump and Kim Jong-Un's summit and Donald Trump has reportedly agreed to it.
Earlier on Twitter he mentioned the so-called "House of peace" in the negotiation point in the South of the demilitarized zone as a possible platform for dialogue.
"(We) think Panmunjom is quite meaningful as a place to erode the divide and erect a new milestone for peace", a presidential official told reporters, adding it would be the "most symbolic" location.
The idea that Trump should be honored by the Norwegian Nobel Committee posthaste is one that has quickly gained currency among American conservatives.
He has previously said the U.S. president "deserves big credit for bringing about the inter-Korean talks", which were the first between North and South Korea for more than a decade.
A former South Korean President, Kim Dae-jung, won the prize in 2000 for his role in setting up a previous summit with North Korea, and his widow suggested Monday that Moon should also get the award.
Trump's embrace of the site could carry some risk given that a "celebration" during his summit with Kim could be premature.
South Korean President Moon Jae-in announced Seoul's "New Southern Policy" at a business meeting in Indonesia last November.
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His comments were the most specific to date about the logistics of the meeting, which Trump said has the potential to be celebratory in tone. Under the USA -led "maximum pressure" campaign, North Korea has been slapped with some of the strictest sanctions to date over its nuclear weapons program.
Mind you, this isn't the first time that South Korean leader has shouted out 45.
"What do you think President Trump had to do with it?"
"If it's not a success, I will respectfully leave", Trump concluded.
US Secretary of State Mike Pompeo told ABC News at the weekend that the United States has an "obligation" to pursue the diplomatic track with North Korea, despite often hawkish rhetoric from the Trump administration.
"I think it sends the right message", Trump said when asked if he is anxious a withdrawal could send the wrong message to North Korea.
If the Trump-Kim meet does happen then it would be the first U.S.
But many U.S. officials are doubtful that Mr Kim will actually agree to give up nuclear weapons after working so long to develop them.
The last inter-Korean summit in October 2007 concluded with a declaration by the two Koreas to "recognize the need to end the current armistice regime and build a permanent peace regime" and "to work together to advance the matter of having the leaders of the three or four parties directly concerned to convene on the Peninsula and declare an end to the war".
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