South Korea confirmed on Apr 18 that they are discussing a peace agreement which could formally end the war with the North (currently only the state of "ceasefire"). Chung Eui-yong, South Korea’s national security adviser, said that he discussed a potential treaty with John Bolton, his newly appointed American counterpart, in Washington.
Chung’s remarks come amid preparations for an April 27 meeting between Moon Jae-in and Kim Jong Un. The summit would be the 3rd inter-Korean conference since the division of the peninsula.
North Korean national news has declared to its nations as well as the world of Denuclearization.
http://time.com/5246212/south-korea-formal-peace-treaty/
Now that North Korea seems to have promised denuclearization, the next step is probably peace, democratization, and normalization of ties among the Asia-Pacific nations.
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