US President Donald Trump and North Korean leader Kim Jong-un met at a luxury hotel in Singapore becoming the first sitting leaders of US and North Korea to meet.

It was an unprecedented development between the two nations who, less than a year ago, exchanged insults and threats of war.

The two leaders walked to each other and shook hands in front of flags of both countries. They will now look for ways to defusing tensions and nuclear disarmament on the Korean peninsula, international medias reported.

BBC reported US President Trump predicted a terrific relationship with Kim during a brief initial comments in front of the press. “I feel really great. We are going to have a great discussion and will be tremendously successful,” BBC quoted Trump as saying.

Reuters reported the Korean leader also sounded positive about the prospects. “We overcame all kinds of skepticism and speculations about this summit and I believe that this is good for the peace,” Kim said.

A one-to-one meeting, with translators, followed the handshake.

Trump spoke to both South Korea’s Moon and Japan’s Prime Minister Shinzo Abe on Monday to discuss developments ahead of the summit.