The Peace Treaty on Korean Peninsula is a proposed settlement to formally end military hostilities on the Korean Peninsula as a follow-up to the 1953 Korean Armistice Agreement implemented by the United Nations after the Korean War. During the inter-Korean summit on April 27, 2018, Kim Jong-un and Moon Jae-in signed the Panmunjom Declaration; the declaration involved an agreement about mutual efforts and action items for transforming the armistice agreement into a peace treaty with the cooperation of the United States and China. During the 2018 Trump–Kim summit, US president Donald Trump and Kim signed a Joint Statement which reaffirmed the Panmunjom Declaration.