Peace on the Korean Peninsula could be much closer than it's ever been before.

Donald Trump and Kim Jong-un have agreed to meet for peace talks in Singapore on June the 12th.

It will be the first time a US president has ever met a North Korea leader.

US correspondent Richard Arnold told Mike Hosking Trump and Kim are both talking up the chances of peace.

"Kim Jong Un is expressing support for the summit meeting, calling it a first step to building a good future on the Korean Peninsula."

LISTEN ABOVE AS RICHARD ARNOLD TALKS TO MIKE HOSKING