"The North's ruler made a 'profound analysis and appraisal' of inter-Korean ties and potential talks with the U.S. at the meeting of the ruling Workers' Party of Korea's political bureau Monday, according to the Korean Central News Agency (KCNA)," reported South Korea's Yonhap News agency.

Trump on Monday said he is hopeful that during his meeting with the North Korean leader a deal on the denuclearisation of the Asian nation will be reached.

"North Korea, by the way, as you’ve probably seen — and we’ve been in touch with North Korea — we’ll be meeting with them sometime in May or early June," Trump told reporters.

"And I think there’ll be great respect paid by both parties and hopefully we’ll be able to make a deal on the de-nuking of North Korea.  they’ve said so; we’ve said so.  Hopefully, it will be a relationship that’s much different than it’s been for many, many years," he said.

Earlier in March, North Korea said that it was self confidence and not sanctions that the nation to seek dialogues with the United States of America and South Korea. 

The commentary was published in the state- run KCNA news agency. 

"The dialogue peace offensive of the DPRK is an expression of self-confidence as it has acquired everything it desires," the commentary read.

The statement also rubbished speculations about Pyongyang being arm twisted by the US. 

Meanwhile, in a joint statement, both Seoul and Pyongyang declared that the meeting between Kim Jong-un and Moon Jae-in, South Korea's President, will take place in the border village of Panmunjom on April 27.

Relationship between the two nations have improved vastly since the Winter Olympics, which took place earlier this year in Pyeongchang.

During the games, the North had send a delegation of 22 members to the South, led by Kim Yong-nam, the country's ceremonial head of state and its highest ranking official.

The meeting also witnessed the participation of Kim Jong-un's sister Kim Yo-jong.

Kim Yo-jong also became the first member from Pyongyang's ruling family to visit South Korea since the end of the 1950-53 Korean War.