MANILA - The denuclearization of the Korean Peninsula will ensure peace and stability not just in the region but the whole world, former Ambassador Apolinario Lozada said Saturday.
He made the statement following a breakthrough Friday, when North Korean leader Kim Jong Un and South Korean President Moon Jae-in agreed to end the war between the two Koreas this year.
Kim is expected to meet United States President Donald Trump soon.
"If they can convince North Korea to denuclearize, I think North Korea should really be a member of the PUNE, the Peaceful Use of Nuclear Energy of the IAEA (International Atomic Energy Agency). That would, I think, seal peace and stability not only in this part of the world, but the rest of the world," Lozada said in an interview on ANC.
Lozada said the meeting between the two Koreas gave him high hopes for a final solution to problems in the peninsula.
"This is his [Kim] first international initiative and I hope this is one of the miracles that we have been waiting for for a long time," he said.
Last year, the Philippines was among countries that expressed concern over North Korea's missile program.
Manila called on Pyongyang to commit to "making meaningful progress" towards peace following its series of missile tests. It also suspended trade ties with the reclusive state.