"It would have been best if a 'big deal' had been reached at the Hanoi Summit. If that was too hard, however, I think a 'small deal' should have been sought to take a phased approach ... It is very regrettable that the summit ended in 'no deal' when the continuation of dialogue should have been ensured at least," Moon said, as quoted by the Yonhap news agency.
Moon believes that the talks between US President Joe Biden and North Korean leader Kim Jong Un are a matter of time.
"Since dialogue is the only way to resolve problems, a meeting between President Biden and Chairman Kim is expected to take place eventually. It is just a matter of time," the South Korean president said.
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The Korean peninsula would be plunged “instantly” into crisis if North Korea resumed testing of nuclear or long-range missiles, outgoing South Korean President Moon Jae-in said, calling for dialogue and diplomacy to prevent that from happening.
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“If North Korea’s repeated missile launches go as far as to breach (Kim’s self-imposed) moratorium, that would instantly bring the Korean Peninsula back to the crisis situation of five years ago when there were concerns of war,” Moon said in written comments provided to a number of media outlets in Seoul on Thursday. “The political leaders of related nations should engage in persistent dialogue and diplomacy to prevent a similar crisis.”