SINGAPORE, June 12 (Xinhua) -- Kim Jong Un, top leader of the Democratic People's Republic of Korea (DPRK), agreed Tuesday with U.S. President Donald Trump to complete denuclearization of the Korean Peninsula in exchange for security guarantees.

Kim and Trump signed a joint statement after their meeting, the first between a sitting U.S. president and a DPRK leader, that was held at the Capella Hotel on Singapore's resort island of Sentosa.

In the joint statement, Trump committed to providing security guarantees to the DPRK, while Kim reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula.

The two leaders conducted a "comprehensive, in-depth and sincere exchange of opinions" on issues related to the establishment of a new DPRK-U.S. relationship and building a lasting and robust peace regime on the peninsula, the joint statement said.