The situation surrounding the Korean Peninsula has been rapidly changing thanks to an opportunity created by the PyeongChang Winter Olympics held last February. Since then, the dialogue and negotiation phase has been unfolding with regard to North Korea’s nuclear issues. The US-North Korea summit is scheduled to take place for the first time in history, followed by the inter-Korean summit slated for April. The inter-Korean summit and the US-North Korea summit both set the denuclearization and the establishment of peace on the Korean Peninsula as a main agenda. A window of historic opportunity is opening up to establish a peace regime on the Korean Peninsula. Therefore, now is the time for the two Koreas to present detailed and creative measures to bring about permanent peace on the peninsula in cooperation with the international community. To that end, this session aims to present and discuss Korea’s strategy for denuclearization and the creation of a peace regime on the Korean Peninsula and a way for international cooperation. It also provides a venue for sharing insights on the practical implementation of relevant policy at the 2018 Jeju Forum.