South Korean President Moon Jae-in and North Korean leader Kim Jong Un held a one-on-one meeting on Wednesday, as the second day of the fifth inter-Korean summit began.

The second round of the meeting began at 1000 local time at the Paekhwawon State Guesthouse. The two leaders were not accompanied by other officials.

They emerged just over an hour later to sign a joint agreement.

More details are expected to emerge soon, with the two leaders set to hold a joint press conference in the next hour.

Tuesday saw Kim and Moon hold a two-hour meetingat the headquarters of