North Korea has agreed to shut down its main nuclear reactor within 60 days in exchange for either energy or economic aid. The U.S. has also promised to drop North Korea from a list of terrorist states and normalize relations.
Under the agreement, Pyongyang has pledged to close its Yongbyon reactor within 60 days, in return for 50,000 metric tons of fuel aid or economic aid of equal value.
The closure of Yongbyon will be verified by international inspectors.
The North will eventually receive another one million tonnes of fuel oil or an equivalent when it permanently disables its nuclear operations.
The US has agreed to begin the process of removing North Korea from its list of terror states and establish diplomatic relations.