05/03/1997 North Korea and South Korea met for first time in 25 years for peace talks
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Switzerland - Korean talks
2:28
SWITZERLAND: GENEVA: KOREAN PEACE TALKS
South Korean President Kim Dae-jung announced a Sunshine Policy towards North Korea. Despite a naval clash in 1999, this led to the first Inter-Korean summit, between Kim Dae-jung and Kim Jong-il. As a result, Kim Dae-jung was awarded the Nobel Peace Prize. In September, the North and South Korean teams marched together at the Sydney Olympics.