SINGAPORE, North Korean leader Kim Jong-un has committed to the complete denuclearization of the Korean Peninsula in a written agreement with U.S President Donald Trump on Tuesday.

But the much-anticipated agreement fell short of codifying the U.S. demand for the "complete, verifiable and irreversible" dismantlement of the North's nuclear program.

In the agreement, the two sides committed to establishing "new" bilateral relations and making joint efforts to build a "lasting and stable" peace regime on the Korean Peninsula.

They also agreed to recover the remains of prisoners of war, including the immediate repatriation of those already identified.

"President Trump and Chairman Kim Jon Un conducted a comprehensive, in-depth and sincere exchange of opinions on the issues related to the establishment of a new US-DPRK relations and the building of a lasting and robust peach regime on the Korean Peninsula," read a copy of the joint statement, which has yet to be released, shown in a photograph. DPRK stands for the North's official name, the Democratic People's Republic of Korea.

"President Trump committed to provide security guarantees to the DPRK, and Chairman Kim Jong Un reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean peninsula," it said.

Source: Yonhap News Agency