In a statement, Moon said “The current situation where there is no contact between the relevant authorities of the South and the North is highly dangerous, I am ready to meet with Chairman Kim Jong Un of North Korea at any time at any place, if the conditions are met and if it will provide an opportunity to transform the tension and confrontation on the Korean Peninsula.”

The president added that he is ready to put all existing issues up for negotiations, including the North’s nuclear program and the signing of a peace treaty to officially end the Korean War.

The launch of North Korea’s Intercontinental ballistic missile, has stoked security worries in the U. S and South Korea and Tokyo with analysts saying the nuclear missile was capable of reaching Alaska.

According to North Korea state media, Supreme leader Kim Jong Un said he the only thing that could make him put his weapons programs up for negotiation was if he United States abandoned its hostile policy toward his country.

South Korea and the United States staged  a show of force against North Korea on Wednesday, launching “deep strike” precision missile firing drills on Wednesday.