On 27 April 2018 the Panmunjom Declaration for Peace, Prosperity and Unification on the Korean Peninsula was signed by South Korean President Moon Jae-in and the North Korean leader Kim Jong-un which commits the two countries to denuclearization and talks to bring a formal end to conflict. The two leaders agreed to, later in the year, convert the Korean Armistice Agreement into a full peace treaty, formally ending the Korean War after 65 years. The DPRK later called off talks with South Korea scheduled for 16 May, blaming U.S.–South Korean military exercises, and threw the planned 12 June summit into doubt, saying it might not attend if Washington continues to demand it unilaterally abandon its nuclear arsenal. The 2018 North Korea–United States Summit was held in Singapore on 12 June 2018 at Capella Hotel despite previous tensions before the summit. North Korean leader Kim Jong Un and United States President Donald Trump signed a joint declaration that declared the following: