But it was a document vague in detail and lacking a time frame.
Bishop said: "I don't believe that suspension for suspension has actually been agreed".
The war games are very expensive, we pay for a big majority of them.
Though Trump had spent Monday calling Moon and Japanese Prime Minister Shinzo Abe to consolidate support, Moon's government seemed blindsided by Trump's unilateral decision to end the joint military exercises. The drills help keep U.S. forces at a state of readiness in one of the world's most tense flashpoints. "We're going to have a great discussion and will be tremendously successful".
"We hope that the outcomes of the US-DPRK Summit will be implemented, thus paving the way for lasting peace and stability in the Korean Peninsula", the Ministry of External Affairs said in a statement following the summit.
Trump had been scheduled to fly back to Washington tomorrow morning after spending today with Kim in Singapore, but on the eve of the summit, he altered his schedule, opting to return at about 8pm today after a full day of meetings with Kim - nearly 15 hours earlier than previously anticipated.
The report added Trump said he "understood" and promised to halt joint U.S.
Pentagon officials were not immediately able to provide any details about Mr Trump's remarks on suspending drills, something that the United States military has long resisted. "North Korea had rice and medicine aid from the USA and other countries before, but that did not trickle down to ordinary people", said Ms Park Hyun Sook, a defector who spoke to relatives in the North by phone last Saturday. US officials couldn't confirm that Trump had told counterparts in Seoul about the plan to suspend military exercises, which North Korea has long regarded as a threat.
And North Korea did not have to pay a cent for it: China furnished a plane, Singapore footed the US$15m-plus bill for the summit, and the media distributed images of the North Korean leader parlaying on equal terms with the USA president to the entire world.
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"Kim Jong Un invited Trump to visit Pyongyang at a convenient time and Trump invited Kim Jong Un to visit the U.S.", the news agency wrote.
The agreement said the two countries would co-operate towards "new relations", while the U.S. would provide "security guarantees" to North Korea.
After a day filled with smiles and handshakes watched around the world, the U.S. "committed to provide security guarantees" to North Korea, while Pyongyang committed to "work towards" denuclearizing the Korean peninsula.
Before the two leaders shared a lunch with their teams for the first time ever, Trump began to joke around about their weight with photographers.
South Korea, meanwhile, appeared to have been blindsided by Trump's change of heart on war games.
Trump's diplomacy "sends all the wrong messages to China, North Korea and Russian Federation", said Malcolm Davis, a senior analyst at the Australian Strategic Policy Institute.
In China, Pompeo's biggest task will nearly certainly be to make sure the government holds up its end of the bargain enforcing the sanctions regime which the USA bolstered in recent months and which Trump credits for bringing Kim to the negotiating table.
The US president said he had, and did not retract his description of Mr Kim as "talented". "Anybody that takes over a situation like he did at 26 years of age and is able to run it and run it tough. I may stand before you in six months and say, 'Hey, I was'".
Highlighting the continued differences in the two countries' views of the denuclearization process, the report also said that they had agreed on a "step-by-step" approach.
"I'll do whatever it takes to make the world a safer place", the president responded.