The two Koreas have agreed to pursue a bid to co-host the 2032 Olympic Games , they said in a joint statement on Wednesday following a summit between North Korean leader Kim Jong Un and South Korean President Moon Jae-in .

The statement also said they had agreed to “ participate jointly ” at international competitions including the 2020 Olympic Games in Tokyo .

The idea of a joint bid to host the Summer Games in 2032 was floated last week by Seoul’s Sports Minister Do Jong-hwan.

Do said that co-hosting the Games would build on the success of this year’s Winter Olympics in Pyeongchang , where North Korea’s participation helped ease tensions on the peninsula.

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