At their first summit on June 12 in Singapore, Kim had committed to the “complete denuclearisation” of the Korean Peninsula.

Moon said South Korea would consult the US on ways to resume joint projects with North Korea, which includes tourism development at Mount Kumgang and the Kaesong industrial complex, both in the North. Moon, who has been an active supporter of efforts to denuclearise the Korean peninsula, met Kim three times last year.

‘Sought only partial lifting of sanctions’

Earlier in the day, North Korea claimed it had sought only a partial lifting of sanctions “related to people’s livelihoods and unrelated to military sanctions”. At a midnight press briefing on Friday, Foreign Minister Ri Yong Ho said North Korea had offered a realistic proposal, which involved dismantling all of its main nuclear site at Yongbyon, including plutonium and uranium facilities.

Ri’s statement contradicted Trump’s remarks, who claimed talks had broke down after North Korea demanded that sanctions be fully lifted. “It was about the sanctions basically,” Trump had said in Hanoi. “They wanted the sanctions lifted in their entirety and we couldn’t do that.”

Based on the current level of trust between the US and North Korea, “this is the biggest denuclearisation step we can take”, Ri said. The minister said North Korea had only asked for the removal of five of the 11 sets of sanctions, CNN reported.