The historic meeting between the leaders of North and South Korea has raised hopes of a formal peace treaty between the two countries, allowing for mutual recognition for the first time since they were established in the aftermath of the second world war.
But for an agreement to succeed, the two sides must overcome decades of distrust, with analysts warning that unintended consequences could change the balance of power on the Korean peninsula.
“Both sides have maintained the fiction since 1948 that they are the only legitimate state on the Korean peninsula, and so for the two to recognise the other would be a huge psychological shift,” said Kathryn Weatherby, a historian at Korea University in Seoul.
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