NORTH and South Korea agreed today to officially inform the International Olympic Committee of their intent to co-host the 2032 Summer Olympics as they continued with reconciliation efforts.

Korean sports officials also agreed after meeting at the North Korean border town of Kaesong to send a combined team to the world handball championships in January, according to a statement. The rivals vowed to “actively participate” in international sports events hosted by each other and organise more friendly competitions between them.

“The plan is to organise friendly competitions marking meaningful anniversaries between the South and North, for example the first anniversaries of the [April] inter-Korean summit and the Pyeongchang Winter Olympics,” said South Korean Vice Sports Minister Roh Tae Kang, according to a pool report. North Korean officials at the meeting were led by his counterpart Won Kil U.