The officials from both sides would meet in the Panmunjom border village in the Peace House inside the demilitarized zone (DMZ) dividing the two Koreas, Xinhua quoted a statement as saying.
In the declaration, they agreed to complete denuclearisation and the alteration of the current armistice agreement to a peace treaty by the end of 2018.
The two leaders had agreed to hold senior-level talks to discuss follow-up measures to enforce the declaration. The Korean Peninsula had remained technically at war as the 1950-53 Korean War ended in armistice.
They also agreed to encourage exchanges, cooperation, visits and contacts at all levels to raise the sense of national reconciliation and unity.
To resolve humanitarian issues, the two sides would hold a reunion of families separated across the border around the August 15 Liberation Day, when the Korean Peninsula was liberated from Japanese colonial from 1910-45.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)