North Korean Supreme Leader Kim Jong Un and SoKor counterpart, President Moon Jae-in will meet in the former's capital city of Pyongyang sometime in September for their third summit, as stated in the joint official announcement made on Monday.

According to Fox News, the meeting is slated to further shed light on Kim Jong Un's promise to curtail its nuclear and missile weapons programs.

The joint statement from NoKor and SoKor officials did fail to indicate the exact date of the bilateral meet. However, North Korea's chief delegate, Ri Son Gwon, have offered hints but refused to further elaborate on the details.

Cho Myoung-gyon, South Korea's Unification Chief Minister, meanwhile said during the press briefing that both parties are still hammering out the deal that would see the two leaders meet for the third time this year.

This will also be the third time in history that a South Korean president will cross over to the Northern part of the Korean Peninsula to attend the event.

Moon's predecessors such as Kim Dae-jung and Roh Moo-hyun had previously met with the younger Kim's father, Kim Jong-il, in the aforementioned North Korean capital in 2000 and 2007, respectively.

On April, Kim and Moon met for the first time in Panmunjom, a neutral village which lies along the border area of the Demilitarized Zone (DMZ). The following month after, the two heads of state met again in the same place.

These series of meetings are in line with the diplomatic initiatives set between the two Koreas.

When North Korea accepted the invitation of Moon to be part of the 2018 Winter Olympic games held in PyeongChang in February, the tensions seem to have thawed.

Moon's act of goodwill was considered to be one of the major factors influencing Kim to finally agree on meeting the US President Donald Trump in June. The US-NoKor summit was held in Singapore and a series of agreements were signed prompting the Korean leader to ease out on the country's nuke activities in the Peninsula, as pointed out in this report.

The joint statement made between the Asian and Western leaders specifically indicated that Kim will commit to the call to completely "denuclearize" North Korea. In exchange, Trump assured the North that it will uphold in building "new" bilateral relations.

However, these agreements failed to lay down the groundwork for the pact, thereby rendering it useless, as stated by some political experts.