After a historic meeting between US President Donald Trump and North Korean leader Kim Jong-un in Singapore on June 12, 2018, the two leaders signed a landmark agreement. The Singapore Agreement, also known as the Joint Statement of President Donald J. Trump of the United States of America and Chairman Kim Jong-un of the Democratic People`s Republic of Korea at the Singapore Summit, includes four main points.

The first point is a commitment to establish new US-North Korea relations. The leaders pledged to work towards the normalization of diplomatic relations between the two countries and to take steps to build trust. This could include the opening of liaison offices in each other`s capitals and the exchange of high-level visits.

The second point is a commitment to work towards complete denuclearization of the Korean Peninsula. North Korea agreed to work towards the complete denuclearization of the peninsula, while the US pledged to provide security guarantees to North Korea. The details of these security guarantees are yet to be worked out.

The third point is a commitment to recover the remains of prisoners of war and missing in action. The leaders agreed to immediately repatriate the remains of US soldiers who died in the Korean War, which lasted from 1950 to 1953. This is a significant gesture towards reconciliation between the two nations.

The fourth and final point is a commitment to build a lasting peace on the Korean Peninsula. The leaders pledged to work towards a stable and peaceful Korean Peninsula, free from nuclear weapons and other weapons of mass destruction. This could include the establishment of a peace treaty between North Korea and South Korea, which are technically still at war.

The Singapore Agreement was a historic moment, and it has the potential to significantly change the dynamics of the Korean Peninsula and the world at large. However, there are still many details to be worked out, and it remains to be seen how the two sides will move forward with implementing the agreement.

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