As President Trump prepares to participate in an historic summit in Singapore with North Korean leader Kim Jong Un on Tuesday, progress in relations between the two countries could open investment opportunities for USA companies.
Those points were echoed in Monday's media coverage, which stressed that the talks with Trump would be focused on forging a relationship that is more in tune with what it called changing times - most likely meaning the North's new status as a nuclear weapons state - its desire for a mechanism to ensure a lasting a durable peace on the Korean Peninsula and, finally, denuclearization.
"The discussions between the United States and North Korea are ongoing and have moved more quickly than expected".
"The great risk is that Kim badly botches his meeting with Trump, other North Korean officials seem to be stalling, and the United States delegation gets the sense they are being taken advantage of".
Commenting for the first time on the agenda, North Korea's state-run KCNA news agency said the two sides would exchange "wide-ranging and profound views" to re-set relations.
On June 1, the US President said that the US-North Korea summit was back on track.
The summit will be the first between a North Korean leader and a sitting American president.
The North Korean despot is now making a rare public appearance ahead of tomorrow's summit with Donald Trump, touring Singapore's attractive waterfront tourist sites this evening.
North Korean leader Kim Jong Un's sister and close aide Kim Yo Jong (in white) is seen at the Flower Dome at Gardens by the Bay.
Pompeo said Trump was "fully prepared" for the talks, and was optimistic that the outcome would be "successful", while warning that there was still "lots of work left to do".
Trump also briefed Moon about preparations for the summit, according to the presidential Blue House.More news: Bethesda announces The Elder Scrolls VI
His nuclear program sparked a war of words with Trump past year after it was believed to have gained the capability to hit the mainland US, though Kim has recently said he shut down any further tests as a gesture of goodwill.
The summit has raised hopes of progress towards a peace treaty to formally end the Korean War, the last festering legacy of the Cold War, after hostilities only stopped with an armistice.
This will be the first time a sitting U.S. president and a North Korean leader will meet face to face.
It comes just over a month after the U.S. president pulled out of the landmark nuclear deal with Iran and other world powers that put strict restrictions on the Islamic republic's nuclear programme in exchange for sanctions relief. "He really wants to do a great job for North Korea", Trump said.
Many experts on North Korea, one of the most insular and unpredictable countries in the world, remain sceptical Kim will ever completely abandon its cherished nuclear weapons. The Trump administration also needs to work with the global community as there are sanctions imposed by the United Nations Security Council.
The high-anticipated talks had been put at risk, when, on May 24, Trump announced he was canceling the meeting with Kim over Pyongyang's hostile rhetoric.
Sung Kim has taken the lead on policy negotiations with North Korea.
The Royal Plaza on Scotts, a hotel near the Shangri-La where Trump is staying, was selling a Trump-Kim burger featuring kimchi, the spicy fermented dish that is a staple of Korean food. Only after their t-te - t-te will the President's top advisers - Pompeo, chief of staff John Kelly and national security adviser John Bolton - join him for an expanded bilateral meeting and working lunch.
According to the South Korean news website Chosun, Kim arrived in Singapore with his bullet-proof limousine and a portable toilet, a measure which is created to prevent anyone analyzing his stools.
Then-South Korean President Syngman Rhee wanted to continue fighting and refused to sign the treaty.