North Korean leader Kim Jong Un and South Korean President Moon Jae-in agreed Friday to finally end a seven-decade war this year, and pursue the “complete denuclearization” of the Korean Peninsula, Bloomberg reports.

The two leaders announced the deal after a historic meeting on their shared border, the first time a North Korean leader has set foot on the southern side. The countries have technically been at war since 1950 and no peace treaty has been signed to replace the 1953 armistice that ended open hostilities.

Kim and Moon said they would hold military talks next month and seek a “phased disarmament,” without providing more details. They announced plans to formally declare a resolution to the war and turn the current armistice into a peace treaty by year’s end.