Korean Chiefs Sign Peace Pledge

In the culmination of the second summit ever in the history of their two nations, the leaders of South and North Korea signed a statement early today pledging to work toward a formal peace accord and join forces on economic projects. The South pledged to help develop a new highway and freight train service in the North, as well as provide aid to an enterprise zone.

The statement doesn't promise smooth sailing, however. “The North Korean side still has many doubts,” said South Korean President Roh Moo-hyun.  North Korean leader Kim Jong-il had asked Roh to stay an extra day, but withdrew his offer when Roh said he'd have to think about it. The nations are technically at war, since the Korean War ended with a ceasefire. (More North Korea stories.)