Donald Trump and Kim Jong-un summit to take place in Singapore

Singapore has been named as the location for the historic first-time meeting between US President Donald Trump and North Korean leader Kim Jong-un.

Mr Trump had said late last week that a time and location had been set for the meeting and it has been reported as the small Asian island nation by South Korea’s Chosun Ilbo newspaper and Yonhap news agency.

The meeting is expected to take place before or after Mr Trump’s attendance at the G7 meeting 8-9 June in Canada, but Mr Trump is expected to announce the exact time later this week, White House press secretary Sarah Huckabee Sanders said during a news conference.

The Demilitarised Zone (DMZ), or the neutral border between North and South Korea, had been floated as a possible summit location, but was ultimately ruled out. US officials felt that the city-state was a better, more neutral location far away from Pyongyang and the Korean peninsula. Others have said Singapore is a unique choice to host Mr Kim given its fiercely capitalist environment and large, wealthy Chinese population.

Hopes for the summit remain high in the diplomatic world as it comes just a month after a historic meeting between Mr Kim and South Korean President Moon Jae-in. The pair had met in the DMZ to sign the Panmunjom Declaration for Peace, Prosperity and Unification of the Korean Peninsula during the Inter-Korean Summit and officially ended the war that began when the north and south split in a battle over communism and democracy that began on 25 June 1950.

Though Mr Moon had run for president on a platform of adopting the “sunshine policy” of increasing and improving economic ties with the North, he suggested that Mr Trump receive the prize and said the US leader deserves credit for the peace agreement.

However, the US leader himself sought to temper expectations. He said: "Everything can be scuttled. Everything can be scuttled," he said. "A lot of good things can happen, a lot of bad things can happen. I believe that we have -- both sides want to negotiate a deal. I think it's going to be a very successful deal."

"Lots of things can happen. And, of course, you'll be the first to know about it if it fails,” Mr Trump noted. One possible issue: the relationship between Mr Trump and Mr Kim who, for Mr Trump’s first year or so in office, traded several rounds of public insults. Mr Trump referred to the reclusive North Korean leader as “rocket man” repeatedly and even during a United Nations speech. Mr Kim in return called Mr Trump a “dotard” and continued developing intercontinental ballistic missile capabilities.

Tensions seemed to abate as the Winter Olympics, held this past February in South Korea, began. North and South Korean athletes marched together in the opening and closing ceremonies in a small sign of unity, the US sent Vice President Mike Pence and White House adviser Ivanka Trump as official delegates, and Mr Kim sent his sister Kim Yo Jong as his representative.