The Panmunjom summit between President Trump and Chairman Kim Jong Un on June 30 came as a surprise. The reunion of the two leaders, which began with a tweet from President Trump, was not a short two minute meeting, but rather the third summit with a talk that lasted more than a fifty minutes. Above all, this sudden encounter was interesting in that it marked a new turning point after the failure of the Hanoi summit. In Hanoi, Trump made big demands for denuclearization while Chairman Kim focused on lifting economic sanctions and insisted on pursuing his preferred step-by-step approach to denuclearization, simultaneously and in parallel. After the failure of the Hanoi talks, a pessimistic outlook for the US-North Korean nuclear negotiations prevailed, but new expectations have begun to emerge following the Panmunjom summit. Trump and Kim agreed to resume negotiations between working-level officials. However, it is unclear whether a concrete agreement can be reached through working-level negotiations. The difference between the two is still large.